Toople PLC Contract Win (6467O)

TIDMTOOP

RNS Number : 6467O

Toople PLC

21 May 2018

Toople Plc

("Toople" or the "Company")

Contract Win

Toople Plc (LSE: TOOP), a provider of bespoke telecom services to UK SMEs, is pleased to announce another significant contract win.

The Company has signed a 24 month contract with a South East based IT, cloud and telecoms provider to move its wholesale telecoms spend to Toople. The contract is expected to be worth at least GBP360,000 over the contract period.

Andy Hollingworth, CEO, Toople Plc, commented: "It's really pleasing to see the first material contract win, so soon after the review of our wholesale strategy. The partner had been using the Merlin wholesale provisioning platform as a trial and as a result of the trial the contract was agreed."

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                         0800 0499 499 
 Andy Hollingworth, Chief 
  Executive Officer 
 Adrian Andrews, Chief Financial 
  Officer 
 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 
 
 
 
 
 

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May 21, 2018 02:00 ET (06:00 GMT)