REG - Toople PLC - New Contract Win

ToopleAnnouncement

10/01/2022 07:05

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RNS Number : 8306X  Toople PLC  10 January 2022

For release: 07.00, 10(th) January 2022

 

Toople PLC

("Toople" or the "Company")

 

New Contract Win

 

Toople PLC (LSE: TOOP), a provider of bespoke telecom services to UK SMEs, is
delighted to announce that it has started 2022 with a new contract win,
following robust order intake during the last quarter of 2021.

 

The Company has continued to grow its customer base, across a number of
sectors, with its latest win in the animal food supply and services sector.
The contract, which has been won by Toople's subsidiary company DMSL via their
key network partners, is to supply 46 hosted voice seats to the UK's leading
horse feed supplier for a minimum contract period of 3 years.

 

Andy Hollingworth, CEO explains:

 

"Like many businesses this new client relies on its online and teleservices
infrastructure to provide crucial out-bound marketing and sales services, as
well as customer support.  It is a real vote of confidence in our offering
that this highly respected UK business, a market leader in its field, has
chosen to partner with Toople to provide this business critical support."

 

He added:

"2022 has once again started under the spectre of further business disruption
due to the Omicron variant.  We keep our customers seamlessly connected with
their employees, customers, and other stakeholders, ensuring business
continuity, and providing peace of mind and strong infrastructure.  This
allows our customers to manage their businesses remotely and seamlessly
whatever working restrictions are imposed on them at short notice.

 

"We are delighted to have won this contract and we start 2022 in a positive
frame of mind having recently strengthened our balance sheet with a successful
Placing, which received the supported of many of the Company's existing
shareholders including its two largest shareholders as well as key members of
the Board."

 

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

-Ends-

For further information:

 

 Toople PLC                                   Tel: 0800 0499 499

 Andy Hollingworth, Chief Executive Officer

 Paul White, Chief Financial Officer
 Novum Securities Limited                     Tel: 020 7399 9400

 David Coffman

 Colin Rowbury
 Belvedere Communications                     Tel: 020 3687 2754

 John West / Llew Angus

About Toople PLC (http://www.toople.com)

Toople PLC is incorporated in the UK and listed on the main market of the
London Stock Exchange.   The business currently trades under four main
brands: toople.com (http://toople.com) ; dmsluk.co.uk (http://dmsluk.co.uk) ;
broadbandandphones.co.uk (https://broadbandandphones.co.uk/) ;
checkthatcompany.co.uk (http://www.checkthatcompany.co.uk/) .

Toople.com (http://www.toople.com/)  provides bespoke telecoms services for
its fast growing target market of UK SMEs with between one and 500
employees.  Services offered by the Group include business broadband, fibre,
EFM and Ethernet data services, business mobile phones, cloud PBX and SIP
Trunking and Traditional Services (calls and lines) all of which are delivered
and managed via the Group's proprietary software platform.  The Group's
wholly owned subsidiary  DMS Holding (DMSL) (http://www.dmsluk.co.uk/)
provides unified communication services in the UK ranging from a single phone
line to a multi-site unified comms VoIP platform, delivered via a network of
telecoms and IT carriers and content providers across the UK including BT
Business, BT Global Services, Gamma, EE, Vonage, TalkTalk Business and O2.
DMSL acts as a BT Premier re-seller for broadband connectivity, mobile and
fixed voice and cloud services and is responsible for over 250,000 BT
customers and over 400,000 Revenue Generating Units.

The Company also owns a telecoms price comparison website and a service
offering company credit reference checking and reports.  These complement the
Group's IT and telecoms services.

 

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