Toople PLC Appointment of CFO (6252T)
16 October 2017 - 5:00PM
UK Regulatory
TIDMTOOP
RNS Number : 6252T
Toople PLC
16 October 2017
16 October 2017
Toople Plc
("Toople" or the "Company" or the "Group")
Appointment of New Chief Financial Officer
Toople Plc (LSE: TOOP), a provider of bespoke telecom services
to UK SMEs, are pleased to announce the appointment of Adrian
Andrews as their new Chief Financial Officer.
Adrian will be working over the coming weeks on a handover from
Geoff Wilson who has held the position on an interim basis for the
last four months. Geoff will remain a member of the Board of
Directors.
Adrian has a wealth of experience of early-stage technology and
telecommunications companies having been the first CFO of both
End2End mobile, a Danish-based deliverer of mobile applications and
Vision OSS (VOSS), a leading supplier of communications management
solutions.
Subsequent to that he was CFO and then Managing Director of
Linedata Ltd, a global provider of solutions to the investment
management community.
For the last three years Adrian has worked with a number of
smaller businesses providing them with the necessary robust
financial controls, procedures and reporting to allow them to
increase their profitability and attract investment.
Adrian is a Fellow of the Chartered Institute of Management
Accountants.
Richard Horsman, Chairman of Toople, commented: "I would like to
welcome Adrian to Toople. He joins the business at an exciting time
and his experience in both SME and Telco will be a valuable
addition to our Board. At the same time, I would like to thank
Geoff for the excellent job he has done for us as Interim CFO. I
look forward to his continued support as he moves back into a
Non-Executive role."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014 ("MAR").
- ENDS -
For further information:
Toople PLC 0800 0499 499
Andy Hollingworth,
Chief Executive Officer
Hybridan LLP 020 3764 2341
Claire Louise Noyce
Notes to Editors
Toople Plc offers broadband, VoIP and landline services and
mobile phone packages to SMEs in the UK. Customers can visit the
Toople.com web site to buy online, request a quote or instantly
chat with an agent and chose the services relevant to their
business.
The web site is powered by Toople.com proprietary Merlin
software; a cloud based telecoms resourcing platform that acts as a
portal for transparent, live pricing for services across the main
four providers. Merlin also makes it easy for customers to add new
services to their bespoke packages at any time.
Toople Plc has three core elements to its business. Firstly
Toople.com, its online first approach for small businesses where
customers can buy connectivity, mobility and business telephony in
a simple online journey. Customers can do this by simply requesting
a quote or instantly engaging into a chat with an agent. Potential
customers experience Toople.com through digital media channels like
Google, Bing, Business cost comparison sites and social media.
Secondly, the wholesale business has a number of other telecoms
companies that buy services wholesale, white label the propositions
and resell on to their own customers. Thirdly, the Merlin software
platform gives access to wholesalers who want to interconnect with
carriers for provisioning and billing services for their own
customers, where a monthly licence fee is applicable to access
merlin.
Toople plc is addressing a market of over 5 million companies in
the UK that are employing less than 50 people. These companies are
looking for straightforward telecom solutions, explained in a way
that they can understand, provided at attractive consistent prices
and backed up by high quality service support. Toople aims to be
easy to do business with, offering transparent, competitive pricing
and excellent UK based customer service.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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