Toople PLC Exercise of Warrants (9935L)
18 Enero 2021 - 2:38AM
UK Regulatory
TIDMTOOP
RNS Number : 9935L
Toople PLC
18 January 2021
Toople PLC
("Toople" or the "Company" or the "Group")
Exercise of Warrants
Toople PLC (LSE: TOOP), a provider of bespoke telecom services
to UK SMEs, announces that pursuant to receipt of notice for the
exercise of warrants, it has issued 7,500,000 new ordinary shares
with a nominal value of 0.0667p each in the capital of the Company
at a subscription price of 0.1p per share, raising gross proceeds
of approximately GBP7,500 conditional upon admission to
trading.
Application is being made for 7,500,000 new ordinary shares to
be admitted to trading which is expected to be on or around 21
January 2021.
The new ordinary shares will rank pari passu with the existing
ordinary shares of the Company. Following the issue of the new
ordinary shares, the Company's issued share capital will comprise
of 4,231,561,361 ordinary shares (including the 7,500,000 new
ordinary shares). This figure of 4,231,561,361 ordinary shares may
be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the
share capital of the Company under the FCA's Disclosure and
Transparency Rules.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
-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
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.
In February 2020, Toople completed the acquisition of DMS
Holding (DMSL) . DMSL commenced trading in 2002 and 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 acquisition of DMSL was transformational for Toople, as it
also expanded the Group's reach into the UK residential market,
which is experiencing a period of rapid change, as operational
automation further develops and more people choose to (or are
forced to) work from home.
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.
All the Group brands seek to differentiate themselves by
offering IT, telecoms and broadband solutions, with robust and
reliable packages, that enhance a customers' business and are based
on trust and transparency, with no hidden fees within pricing
policies. This provides customers with a clear understanding of
cost and fixed prices for the duration of their contracts.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
IOEUWOWRASUAARR
(END) Dow Jones Newswires
January 18, 2021 03:38 ET (08:38 GMT)
Toople (LSE:TOOP)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Toople (LSE:TOOP)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024