Toople PLC New Contract Win
RNS Number : 8306X
10 January 2022
For release: 07.00, 10(th) January 2022
("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."
"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
For further information :
Toople PLC Tel: 0800 0499 499
Andy Hollingworth, Chief Executive
Paul White, Chief Financial
Novum Securities Limited Tel: 020 7399 9400
Belvedere Communications Tel: 020 3687 2754
John West / Llew Angus
About Toople PLC
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 ; dmsluk.co.uk ;
broadbandandphones.co.uk ; checkthatcompany.co.uk .
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) 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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(END) Dow Jones Newswires
January 10, 2022 02:00 ET (07:00 GMT)
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