Issue of Equity

Toople Plc

("Toople" or the "Company" or the "Group")

Issue of Equity

Toople Plc (LSE: TOOP), a provider of bespoke telecom services to UK SMEs, is pleased to announce that it has issued 3,913,894 new ordinary shares of 0.0667 pence each in the Company at a price of 1.022 pence per share in lieu of advisory services to the Company. Application is being made for the new shares to be admitted to trading, which is expected to be on or around 5 April 2018.

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company.

Following this issue of shares, the Company's issued share capital will comprise of 203,913,894 Ordinary Shares (including the 3,913,894 new Ordinary Shares). This figure of 203,913,894 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Certain statements in this announcement contain inside information for the purpose of Article 7 of EU Regulation 596/2014.

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