LoopUp Group PLC Capital Markets Day and Product Launches (2987B)
June 06 2019 - 1:00AM
UK Regulatory
TIDMLOOP
RNS Number : 2987B
LoopUp Group PLC
06 June 2019
6 June 2019
LOOPUP GROUP PLC
("LoopUp Group" or the "Group")
Capital Markets Day and Product Launches
LoopUp Group plc ("LoopUp"), the premium remote meetings
company, will host a Capital Markets Day from 2pm until 5pm this
afternoon at FTI Consulting's offices, 200 Aldersgate, Aldersgate
Street, London, EC1A 4HD.
The event will be hosted by Steve Flavell, Michael Hughes and
the senior management team, and will feature a series of
presentations on the Group's strategy, operations and product
suite. Highlights include two key product launches:
1) the introduction of video functionality into its flagship
software-as-a-service product for remote meetings, LoopUp, as
separately announced this morning; and
2) the launch of 'Event by LoopUp', a high quality
operator-assisted call service for customers in the public and
private sectors. Following the successful acquisition of
MeetingZone in June 2018, the Group gained the capability to
provide such operator-assisted calls, a line of business that
generated revenue of GBP1.7 million in FY2018.
Event by LoopUp emphasises the role played by its account
managers and highly skilled event call operators in order to
differentiate its service offering in the market. These are
critical and often very large calls, where customers value a
premium level of 'white gloves' support throughout the event
process - from booking, through dress rehearsals, clearly during
the event itself, and in a post event debrief. Event by LoopUp
seeks to ensure that the customer is comfortable and informed from
end-to-end so that these important announcements and events run
smoothly and to plan.
The Group plans to replicate MeetingZone's Cardiff event
operations in Boston and actively promote and grow this line of
business via cross-sales through its international account
management and pods structure.
No new material financial information will be provided at the
Capital Markets Day.
For further information:
LoopUp Group PLC via FTI Consulting,
LLP
Steve Flavell, co-CEO
+44 (0) 20 7886
Panmure Gordon (UK) Limited 2500
Dominic Morley / Alina Vaskina (Corporate
Finance)
Erik Anderson (Corporate Broking)
Numis Securities Limited
+44 (0) 20 7260
Simon Willis / Jonny Abbott (Corporate Finance) 1000
Tom Ballard (Corporate Broking)
+44 (0) 20 3727
FTI Consulting, LLP 1000
Matt Dixon / Harry Staight
About LoopUp Group plc
LoopUp (LSE AIM: LOOP) is a premium remote meetings solution.
Streamlined and intuitive, LoopUp is built to give mainstream
business professionals a better and more productive experience than
basic dial-in conferencing, while delivering the quality, security
and reliability required in the enterprise. One-click screen
sharing and integration with tools business people use every day,
like Outlook(TM), make it easy for LoopUp users to collaborate in
real time. LoopUp's award-winning SaaS solution doesn't overwhelm
users with features and doesn't require training. Over 2,000
enterprises worldwide, including Travelex, Kia Motors America,
Planet Hollywood, National Geographic and Clifford Chance trust
LoopUp with their remote meetings.
The Group is headquartered in London, with offices in San
Francisco, New York, Boston, Chicago, Dallas, Los Angeles, Atlanta,
Denver, Cardiff, Milton Keynes, Madrid, Berlin, Malmo, Hong Kong,
Sydney and Barbados, and is listed on the AIM market of the London
Stock Exchange (LOOP). For further information, please visit:
www.loopup.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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