Appointment of Joint Broker

RNS Number : 1178C

Telecom Plus PLC

06 November 2009

 



Telecom plus PLC (the "Company")

Appointment of Joint Broker

Telecom plus PLC, (trading as the Utility Warehouse), which supplies a wide range of utility services (gas, electricity, fixed line telephony, mobile telephony and broadband internet) to both residential and business customers, is pleased to announce the appointment of Brewin Dolphin Investment Banking as joint broker to the Company with immediate effect.

Charles Wigoder, Chief Executive of Telecom plus, commented:

"We are delighted that Brewin Dolphin has agreed to work alongside KBC Peel Hunt as our joint broker. We believe the joint broker model is more appropriate in view of the strong organic growth we have reported over the last 18 months and anticipate that our investor profile will be enhanced by the additional coverage and reach that it provides."    

Telecom plus PLC will announce its half yearly results for the six months ended 30 September 2009 on Wednesday 25 November 2009. A meeting for analysts will be held at the offices of Smithfield at 9.30am on the day. 

For more information please contact:

Telecom plus PLC
Charles Wigoder, Chief Executive	020 8955 5000
Chris Houghton, Finance Director
KBC Peel Hunt
Richard Kauffer / Dan Webster	020 7418 8900
Brewin Dolphin Investment Banking
Graeme Summers / Andrew Kitchingman	0845 270 8610
Smithfield
Reg Hoare / Will Henderson	020 7360 4900

About Telecom plus PLC:

Telecom plus, which owns and operates the Utility Warehouse brand, is the UK's only fully integrated provider of a wide range of competitively priced utility services spanning both the Communications and Energy markets.

Customers benefit from the convenience of a single monthly bill, consistently good value across all their utilities and exceptional levels of customer service. The Company does not advertise, relying instead on "word of mouth" recommendation by existing satisfied customers in order to grow their market share.

Telecom plus is listed on the London Stock Exchange (Ticker: TEP LN). For further information please visit: www.telecomplus.co.uk.

 

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