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LoopUp secures 'major' new contract, extends existing partnership

Thu, 10th Sep 2020 09:58

(Sharecast News) - Cloud communications provider LoopUp said on Thursday that it had secured a "major new contract" with a top-five global law firm and extended its partnership with C&W Communications through to 2022.
LoopUp said its deal with the mystery law firm would see the group provide its LoopUp Meetings product globally and had the potential to become one of its largest accounts.

As far as the C&W extension was concerned, the AIM-listed group will offer up its "Conferencing on Demand" platform as part of the client's Unified Communications and Collaboration portfolio of products.

LoopUp added that it had launched two new online plans for LoopUp Meetings to promote lead generation via the product's established network effect in order to target market users for a freemium model of the platform.

Co-chief executives said: "We are pleased to announce the group has secured these important contract wins demonstrating the continued momentum at LoopUp.

"Great communications have always been at the heart of successful organisations, now more than ever. We are delighted to be chosen and relied on to provide simple and secure business-critical communications in these challenging times."

As of 1030 BST, LoopUp shares were up 2.87% at 205.74p.
More News
25 Mar 2024 13:29

UK shareholder meetings calendar - next 7 days

Tuesday 26 March 
Becket Invest PLCAGM
Power Metal Resources PLCAGM
Power Metal Resources PLCGM re share consolidation
Riverstone Energy LtdEGM re proposed tender offer
Titon Holdings PLCAGM
Tribe Technology PLCAGM
Wynnstay Group PLCAGM
Wednesday 27 March 
abrdn Private Equity Opportunities Trust PLCAGM
Asimilar Group PLCAGM re cancellation from AQSE
LoopUp Group PLCGM re cancellation of shares
LPA Group PLCAGM
Kondor AI PLCAGM
Nexus Infrastructure PLCAGM
RC365 Holding PLCGM re convertible loan note issue
Rights & Issues Investment Trust PLCAGM
Tekmar Group PLCAGM
Troy Income & Growth Trust PLCGM re proposed combination
Thursday 28 March 
Autins Group PLCAGM
Dar Global PLCAGM
Guild Esports PLCAGM
Idox PLCAGM
Law Debenture Corp PLCAGM
Malin CorpAGM
MediaZest PLCAGM
React Group PLCAGM including vote on share consolidation
Friday 29 March 
no events scheduled 
Monday 1 April 
no events scheduled 
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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11 Mar 2024 16:51

LONDON MARKET CLOSE: Stocks mixed ahead of US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, as investors nervously look ahead to some key data from the UK and US, which could help shape the latest interest rate decisions.

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11 Mar 2024 10:29

LoopUp expects revenue rise, prepares to relist as private company

(Alliance News) - LoopUp Group PLC shares plummeted on Monday, after it announced its intention to relist as a private company and launch a fundraise.

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11 Mar 2024 10:12

AIM WINNERS & LOSERS: LoopUp plots AIM exit; Zenova hails marine win

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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11 Mar 2024 08:00

LoopUp to de-list from AIM as it seeks to raise funds privately

(Sharecast News) - LoopUp said on Monday that it was planning to leave the London stock market and raise funds privately.

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6 Nov 2023 16:55

LoopUp to fold Hybridium as it focuses on cloud telephony

(Sharecast News) - Cloud telephony specialist LoopUp announced its intention to exit its Hybridium business globally on Monday by initiating proceedings to place the associated group subsidiary Mashmegroup into the Spanish 'Concurso' administration process.

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6 Nov 2023 15:35

LoopUp looks to exit Hybridium business to make cost savings

(Alliance News) - LoopUp Group PLC on Monday said it has taken "decisive" steps to exit its Hybridium business globally.

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15 Sep 2023 10:50

AIM WINNERS & LOSERS: Cambria Africa plummets on resuming trading

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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14 Sep 2023 12:06

LONDON MARKET MIDDAY: Miners lift FTSE 100 ahead of ECB decision

(Alliance News) - The FTSE 100 was higher at midday on Thursday, shrugging off any nerves ahead of the European Central Bank's incoming interest rate decision amid a rally among blue-chip mining stocks.

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14 Sep 2023 10:56

LoopUp shares soar as company's interim loss narrows significantly

(Alliance News) - LoopUp Group PLC on Thursday posted a substantially narrowed loss in the first half of 2023 as it recorded a sharp rise in revenue.

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14 Sep 2023 10:47

AIM WINNERS & LOSERS: Tungsten West seeking short-term liquidity

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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30 Jun 2023 11:58

LoopUp shares fall on amended operating loss and debt extension

(Alliance News) - LoopUp Group PLC on Friday announced an adjustment to its full-year results relating to an impairment charge on a 2018 acquisition.

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23 Jun 2023 15:51

UK shareholder meetings calendar - next 7 days

Monday 26 June 
Aterian PLCAGM
Capricorn Energy PLCAGM
Corre Energy BVAGM
Facilities by ADF PLCAGM
Lexington Gold LtdSGM re proposed acquisition of White Rivers Exploration Ltd
LifeSafe Holdings PLCAGM
Premier African Minerals LtdAGM
Vast Resources PLCGM re issuing new share capital
Volvere PLCAGM
Tuesday 27 June 
Acuity RM Group PLCAGM
Comptoir Group PLCAGM
Creo Medical Group PLCAGM
First Tin PLCAGM
Forward Partners Group PLCAGM
Galantas Gold CorpAGM
Gemfields Group LtdAGM
Golden Prospect Precious Metals LtdAGM
Hamak Gold LtdAGM
ICG Enterprise Trust PLCAGM
Impellam Group PLCAGM
India Capital Growth Fund LtdAGM
Inspiration Healthcare Group PLCAGM
Instem PLCAGM
JD Sports Fashion PLCAGM
Kingfisher PLCAGM
Mercantile Ports & Logistics LtdGM re equity fundraising
Mobile Tornado Group PLCAGM
Revolution Beauty Group PLCAGM
Scottish Mortgage Investment Trust PLCAGM
Serabi Gold PLCAGM
Sondrel Holdings PLCAGM
Surface Transforms PLCAGM
Surgical Innovations Group PLCAGM
Trinity Exploration & Production PLCAGM
Wednesday 28 June 
Atalaya Mining PLCAGM
Avacta Group PLCAGM
Boku IncAGM
Cambridge Cognition Holdings PLCAGM
Cizzle Biotechnology Holdings PLCAGM
Cobra Resources PLCAGM
Cora Gold LtdAGM
Dial Square Investments PLCAGM
Itaconix PLCAGM
NB Distressed Debt Investment Fund LtdAGM
Panthera Resources PLCGM re directors’ authority to allot shares
Phoenix Spree Deutschland LtdAGM
Pineapple Power Corp PLCAGM
Polarean Imaging PLCAGM
RA International Group PLCAGM
Schroder European Real Estate Investment Trust PLCAGM
Shield Therapeutics PLCAGM
St Mark Homes PLCAGM
Star Phoenix Group LtdAGM
ValiRx PLCAGM
Velocys PLCAGM
Vertu Motors PLCAGM
Warpaint London PLCAGM
Westminster Group PLCAGM
Zenova Group PLCAGM
Thursday 29 June 
3i Group PLCAGM
Africa Opportunity Fund LtdAGM
Anemoi International LtdAGM
Anpario PLCAGM
Ariana Resources PLCAGM
Beowulf Mining PLCAGM
Celadon Pharmaceuticals PLCAGM
Cornish Metals IncAGM
East Imperial PLCAGM
East Star Resources PLCAGM
Eden Research PLCAGM
Engage XR Holdings PLCAGM
First Class Metals PLCAGM
Gresham House Energy Storage Fund PLCGM re remuneration policy
Gusbourne PLCAGM
HeiQ PLCAGM
Helios Underwriting PLCAGM
Ingenta PLCAGM
IQE PLCAGM
Kooth PLCAGM
Landore Resources LtdAGM
Let's Explore Group PLCAGM
Likewise Group PLCAGM
MGC Pharmaceuticals LtdGM re issue of convertible notes
Morgan Advanced Materials PLCAGM
NetScientific PLCAGM
New Century AIM VCT 2AGM
Norman Broadbent PLCAGM
Reabold Resources PLCAGM
Rockhopper Exploration PLCAGM
Roquefort Therapeutics PLCAGM
Serica Energy PLCAGM
SpaceandPeople PLCAGM
Symphony Environmental Technologies PLCAGM
Synairgen PLCAGM
Thalassa Holdings LtdAGM
tinyBuild IncAGM
Touchstone Exploration IncAGM
Trident Royalties PLCAGM
Unigel Group PLCAGM
Verici Dx PLCAGM
Xpediator PLCAGM
Friday 30 June 
Argo Blockchain PLCAGM
Ascent Resources PLCAGM
Bluejay Mining PLCAGM
Caspian Sunrise PLCAGM
Codex Acquisitions PLCAGM
Domino's Pizza Group PLCGM re directors' remuneration policy
Fenikso LtdAGM
Fiinu PLCAGM
FireAngel Safety Technology Group PLCAGM
GENinCode PLCAGM
Hemogenyx Pharmaceuticals PLCAGM
Hiro Metaverse Acquisitions I SAAGM
i3 Energy PLCGM re premium share cancellation
ImmuPharma PLCAGM
Inspired PLCAGM
Jadestone Energy PLCAGM
Kanabo Group PLCAGM
Kefi Gold & Copper PLCAGM
Kistos Holdings PLCAGM
KRM22 PLCAGM
Kropz PLCAGM
LoopUp Group PLCAGM
Medica Group PLCAGM
Mirriad Advertising PLCAGM
Rockfire Resources PLCAGM
Savannah Energy PLCAGM
Strip Tinning Holdings PLCAGM
ThomasLloyd Energy Impact Trust PLCAGM
URA Holdings PLCAGM
World Chess PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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7 Jun 2023 10:11

IN BRIEF: LoopUp annual loss narrows; revenue down

LoopUp Group PLC - London-based software provider for remote meetings - posts revenue of GBP16.5 million for 2022, down 15% from GBP19.5 million a year earlier. Says it has seen a material improvement in the second half of the year with GBP9.9 million. Pretax loss narrows to GBP12.3 million from GBP31.1 million, as it books a currency translation gain of GBP209,000 compared to a loss of GBP340,000 a year earlier. Adjusted earnings before interest, tax, depreciation and amortisation are down to GBP867,000 from GBP1.2 million.

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29 Mar 2023 14:30

TRADING UPDATES: LoopUp eyes annual revenue to ahead of market view

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday not separately reported by Alliance News:

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