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Share Name Share Symbol Market Type Share ISIN Share Description
Toople Plc LSE:TOOP London Ordinary Share GB00BZ8TP087 ORD 0.0667P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 8.0% 0.135 0.13 0.14 0.135 0.125 0.125 181,819,777 16:19:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 2.5 -1.7 -0.2 - 8

Toople PLC Director/PDMR Shareholding

09/07/2020 9:25am

UK Regulatory (RNS & others)


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RNS Number : 5422S

Toople PLC

09 July 2020

For immediate release: 9(th) July 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 notification that Andy Hollingworth, CEO of the Company, purchased 10,593,220 shares ordinary shares of 0.0667p each ("Ordinary Shares") at a price of 0.0944 pence earlier today. Following the above purchase, Mr Hollingworth's beneficial interest in the Company comprises 38,843,220 Ordinary Shares.

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 / Ludovico Lazzaretti 
 Novum Securities Limited                   Tel: 020 7399 9400 
  David Coffman 
 Belvedere Communications                   Tel: 020 3687 2754 
  John West / Llew Angus 
 

Notes to editors:

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: www.toople.com ; www.dmsluk.co.uk ; broadbandandphones.co.uk ; www.checkthatcompany.co.uk .

Toople.com provides bespoke telecoms services for its fast growing target market of UK SMEs with between one and 50 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.

 
 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                                    Andy Hollingworth 
        --------------------------------------  -------------------------------------- 
 2       Reason for notification 
        --------------------------------------  -------------------------------------- 
 a.      Position/Status                         Chief Executive 
        --------------------------------------  -------------------------------------- 
 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                           Purchase of Ordinary Shares 
          transaction 
        --------------------------------------  -------------------------------------- 
 
 c.      Price(s) and volume(s)                  Price(s) per         Volume(s) 
                                                  share 
        --------------------------------------  ------------------- 
                                                 0.0944 pence         10,593,220 
                                                -------------------  -------------- 
 
         Aggregated information 
 
          - Aggregated Volume                      10,593,220 
 
 d.       - Price                                  0.0944p 
        --------------------------------------  -------------------------------------- 
 e.      Date of the transaction                 9 July 2020 
        --------------------------------------  -------------------------------------- 
 f.      Place of the transaction                London Stock Exchange 
        --------------------------------------  -------------------------------------- 
 

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.

END

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July 09, 2020 04:25 ET (08:25 GMT)

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