Contract Win

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

 

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