Toople PLC Contract Win (8383I)
26 March 2018 - 5:00PM
UK Regulatory
TIDMTOOP
RNS Number : 8383I
Toople PLC
26 March 2018
Toople Plc
("Toople" or the "Company" or the "Group")
Contract Win
Toople Plc (LSE: TOOP), a provider of bespoke telecom services
to UK SMEs, is pleased to announce a major contract win.
The Board is pleased to announce that the Company has signed a
new contract with a London based bakery, to provide full telecom
services to their 52 retail sites and their company headquarters.
Services include, broadband, telephony and mobile Wi-Fi to all
their retail outlets, plus high speed broadband, ISDN connectivity
and Wi-Fi services to the bakery's headquarters and distribution
offices. The contract is for a minimum two year period and the full
migration from BT to Toople is expected to be completed within the
next 10 working days.
Andy Hollingworth, CEO, Toople Plc, commented: "I am delighted
to report the continuing sales success of our business offering for
the SME market. This is a significant contract for us, not only in
terms of the number of outlets to which we will be supplying our
services, but also in winning this business from their incumbent
provider, BT. The depth of our telecoms experience, our UK based
sales support team and our fixed price contract terms were major
factors in the client's decision to move to us."
Certain statements in this announcement contain inside
information for the purpose of Article 7 of EU Regulation
596/2014.
- ENDS -
For further information:
Toople PLC
Andy Hollingworth,
Chief Executive Officer
Adrian Andrews, Chief
Financial Officer 0800 0499 499
Cairn Financial Advisers
LLP
David Coffman / Richard
Nash 020 7213 0880
Novum Securities Limited
Colin Rowbury 020 7399 9400
Turner Pope Investments
Limited
Andy Thacker 020 3621 4120
This information is provided by RNS
The company news service from the London Stock Exchange
END
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