Board Changes

Maintel Holdings PLC

31 July 2026

 

31 July 2026

Maintel Holdings Plc
(the "Company" or "Maintel")

Board Changes

The Board of Maintel Holdings Plc, a leading provider of cloud, network and security managed communications services, today announces further changes to its Board composition.

As previously announced, Stephen Beynon, Non-Executive Chair of the Company, had informed the Board of his intention to step down following the recent completion of the Company's refinancing and equity fundraising. The Board is delighted to announce the appointment of Craig Eadie to succeed Stephen. Craig will join the Board on 31 July 2026 and will be appointed Non-Executive Chair on 7 August 2026, when Stephen steps down and retires from the Board. Craig is a former commercial solicitor and partner in a London law firm. He is currently the non-executive chairman of a payments company and also acts as a consultant to a private equity group in the UK and Middle East. The Board welcomes Craig to Maintel.

In a further change, and consistent with the circular supporting the recent fundraising, John Spens is joining the Board as Non-Executive Director and Deputy Chair, effective immediately. John is a founder of Maintel Holdings and was instrumental in the growth and improved profitability of the Company for the years through to the flotation. John retired from the Board ahead of the flotation. The Board is very pleased to have John back closely involved in the Company.

Finally, Bob Beveridge, Non-Executive Director and Chair of the Audit and Risk Committee, will retire from the Board on 31 July 2026. William Ginn, Non-Executive Director, will succeed Bob as Chair of the Audit and Risk Committee. The Board would like to thank Bob for his service to Maintel and wishes him well in his retirement.

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain

For further information please contact:

Maintel Holdings Plc	0344 871 1122
Dan Davies, Chief Executive Officer
Gab Pirona, Chief Financial Officer
Cavendish (Nomad and Broker)	020 7220 0500
Jonny Franklin-Adams / Seamus Fricker / Andrea Callaghan (Corporate Finance)
Sunila de Silva (Corporate Broking)
Hudson Sandler (Financial PR)	020 7796 4133
Wendy Baker / Nick Moore	[e-mail]

Notes to editors

Maintel Holdings Plc ("Maintel") is a leading provider of cloud communications, networking and security managed services to the UK public and private sectors. Its services aim to help its clients operate at the highest level by designing, implementing, innovating and managing their vital digital communication solutions, with a focus across three strategic pillars:

·      Unified Communications and Collaboration - Making customers' people more effective, efficient, and collaborative with UC&C technology. The core focus of this pillar is the high growth Unified Communications as a Service (UCaaS) market segment.

·      Customer Experience - Helping customers to acquire, delight and retain their customers using customer experience technology. The core focus of this pillar is the high growth Contact Centre as a Service (CCaaS) market segment.

·      Security & Connectivity - Securely connecting customers' people, partners and guests to their cloud platforms, applications, and data with secure connectivity, and protecting their business from cyber threat. The core focus of this pillar is the high growth Software Defined Wide Area Networking (SD-WAN), Security Service Edge (SSE) and Cyber Managed Service market segments.

Maintel combines technology from its strategic, global technology vendor and carrier partners, with its own Intellectual Property, deployed from and managed by its own platforms, to provide seamless solutions that its customers can consume without the need for the internal skillset required to deploy and manage the technology themselves.

Maintel serves the whole market, with a particular focus on key verticals of Financial Services, Retail, Public Healthcare, Local Government, Higher Education, Social Housing and Utilities. Its core market constitutes organisations with between 250 and 10,000 employees in the private, public and not-for-profit sectors with headquarters in the UK.

The Company was founded in 1991 and it listed on London's AIM market in 2004 (AIM: MAI).

INFORMATION REQUIRED UNDER RULE 17 AND SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES FOR COMPANIES ("AIM RULES")

Full name: Craig Eadie

Age: 71

Shares held in the Company: None

Options held in the Company: None

Current Directorships	Previous Directorships held in the past five years
Kernow and Mayfair Limited Abbatis LLP Abbatis Partners PCP Jersey 1 Limited PCP Jersey 2 Limited PCP Capital Partners GPEleven Limited Credec Limited Ardohr Limited CreDec Group Limited The Amanda Staveley Foundation Ahadra Limited	Redstart Leisure Limited Cantervale Holdings Limited

There is no further information to be disclosed in relation to the appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.

Full name: John Alexander Spens

Age: 68

Shares held in the Company: 3,839,384

Options held in the Company: None

Current Directorships	Previous Directorships held in the past five years
Mavrastar Limited

There is no further information to be disclosed in relation to the appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.

 

END