Last checked at 14 Sep 2018 07:00
For release: 14 September 2018, 07:00am
Toople PLC
("Toople" or the "Company")
Publication of Prospectus
Further to the announcement on 11 September 2018 of the proposed placing of 733,333,333 new ordinary shares at 0.3p per share (the "Placing") to raise £2.2 million (before expenses), Toople PLC (LSE: TOOP), a provider of bespoke telecom services to UK SMEs, is pleased to announce the publication today of its Prospectus dated 13 September 2018 in connection with the Placing.
The Prospectus, which has been approved by the UK Listing Authority, has been published on the Company's website at https://www.toople.com/ and is also available at the FCA's Document Storage Mechanism at http://www.morningstar.co.uk/uk/NSM.
Hard copies of the Prospectus are also available during normal business hours at the offices of the Company's financial adviser, Cairn Financial Advisers LLP, Cheyne House, Crown Court, 62-63 Cheapside, London, EC2V 6AX.
This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse
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For further information please visit www.toople.com or contact:
Toople PLC |
Tel: 0800 0499 499 |
Andy Hollingworth, Chief Executive Officer | |
Cairn Financial Advisers LLP David Coffman / Richard Nash
| Tel: 020 7213 0880 |
Novum Securities Limited Colin Rowbury
| Tel: 020 7399 9400 |
Turner Pope Investments Limited Andy Thacker
| Tel: 020 3621 4120 |
Belvedere Communications John West
| Tel: 020 3735 8896 |
About Toople PLC
Toople Plc, a company incorporated in the UK provides a range of telecoms services primarily targeted at the UK SME market. 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 through Merlin, the Group's proprietary software platform.
The Group is differentiated by its focus on creating business broadband solutions, with robust and reliable packages that will enhance our customers company's. In addition, our vision is based on trust and transparency, with no hidden fees within our pricing policy providing customers with a clear understanding of cost.
Toople Plc has a strong and highly experienced Board and management team who are focused on growing the business both organically and by identifying earnings enhancing strategic acquisition opportunities.