TIDMTOOP

RNS Number : 4951D

Toople PLC

19 February 2020

Toople PLC

("Toople" or the "Company")

Director/PDMR Dealing

The Board of Toople, a provider of bespoke telecom services to UK SMEs, announces that it has received the following notification that Richard Horsman, Chairman of the Company, sold 41,666,680 ordinary shares of 0.0667p each ("Ordinary Shares") at a price of 0.95 pence and bought, into his wife's ISA, 21,000,000 Ordinary Shares at a price of 0.951 pence per Ordinary Share and, into his personal ISA, 20,666,680 Ordinary Shares at a price of 0.951 pence per Ordinary Share (the "Transfer").

Following the Transfer, Mr Horsman's beneficial interest in the Company remains the same at 70,166,680 Ordinary Shares representing approximately 1.99 per cent. of the Company's issued share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

-ends-

For further information please visit www.Toople.com or contact:

 
 Toople PLC                                 Tel: 0800 0499 499 
  Andy Hollingworth, Chief Executive 
  Officer 
  Kevin Lawrence, Chief Financial Officer 
 Cairn Financial Advisers LLP               Tel: 020 7213 0880 
  Sandy Jamieson/Tony Rawlinson/Ludovico 
  Lazzaretti 
 Novum Securities Limited                   Tel: 020 7399 9400 
  David Coffman 
 Turner Pope Investments Limited            Tel: 020 3657 0050 
  Andy Thacker / Zoe Alexander 
 Belvedere Communications                   Tel: 020 3687 2754 
  John West / Llew Angus

Notes to editors:

Toople PLC, a company incorporated in the UK provides a range of telecoms services primarily targeted at the UK SME market. 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 through Merlin, the Group's proprietary software platform.

The Group is differentiated by its focus on creating small business connectivity solutions, with robust and reliable packages that will enhance our customer's companies. In addition, our vision is based on trust and transparency, with no hidden fees within our pricing policy providing customers with a clear understanding of cost.

Toople Plc has a strong and highly experienced Board and management team who are focused on growing the business both organically and by identifying earnings enhancing strategic acquisition opportunities.

 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
 1       Details of the person discharging managerial responsibilities/person 
          closely associated 
        ------------------------------------------------------------------------------------------- 
 a.      Name                                    Richard Horsman 
        --------------------------------------  --------------------------------------------------- 
 2       Reason for notification 
        --------------------------------------  --------------------------------------------------- 
 a.      Position/Status                         Chairman 
        --------------------------------------  --------------------------------------------------- 
 b.      Initial notification/                   Initial Notification 
          Amendment 
        --------------------------------------  --------------------------------------------------- 
 3       Details of the issuer, emission allowance market participant, 
          auction platform, auctioneer or auction monitor 
        ------------------------------------------------------------------------------------------- 
 a.      Name                                    Toople Plc 
        --------------------------------------  --------------------------------------------------- 
 b.      LEI                                     213800P3DSCKSEHPU161 
        --------------------------------------  --------------------------------------------------- 
 4       Details of the transaction(s): section to be repeated for 
          (i) each type of instrument; (ii) each type of transaction; 
          (iii) each date; and (iv) each place where transactions have 
          been conducted 
        ------------------------------------------------------------------------------------------- 
 a.      Description of 
          the financial                           Ordinary Shares of 0.0667p each 
          instrument, type 
          of instrument 
 
          Identification                          ISIN: GB00BZ8TP087 
          Code 
        --------------------------------------  --------------------------------------------------- 
 b.      Nature of the                            Transfer to ISA 
          transaction 
        --------------------------------------  --------------------------------------------------- 
 
 c.      Price(s) and volume(s)                   Price(s) per                Volume(s) 
                                                   share 
        --------------------------------------   -------------------------- 
                                                  0.95p                       41,666,680 
                                                 --------------------------  ------------------- 
                                                  0.951p                      41,666,680 
                                                 --------------------------  ------------------- 
 
 d.      Aggregated information 
 
          - Aggregated Volume                      41,666,680 ordinary shares of 0.0667 pence 
                                                   (sold) at 0.95 pence per ordinary share 
          - Price 
                                                   41,666,680 ordinary shares of 0.0667 pence 
                                                   (bought) at 0.951 pence per ordinary share 
        --------------------------------------  --------------------------------------------------- 
 e.      Date of the transaction                 19 February 2020 
        --------------------------------------  --------------------------------------------------- 
 f.      Place of the transaction                London Stock Exchange - Standard Listing 
        --------------------------------------  ---------------------------------------------------

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END

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February 19, 2020 07:22 ET (12:22 GMT)

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