REG - Maintel Holdings PLC - Directorate Change

Maintel HoldingsAnnouncement

17/02/2023 10:00

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RNS Number : 2964Q  Maintel Holdings PLC  17 February 2023

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of MAR

Maintel Holdings Plc

("Maintel", the "Company" or the "Group")

Directorate Change

Maintel Holdings plc, a leading provider of cloud, network and security
managed services, announces that Ioan MacRae, Chief Executive Officer has
tendered his resignation from the Company with immediate effect.

The Company intends to engage an executive search firm to assist with the
process of selecting a Chief Executive Officer and will update the market in
due course. In the interim period, Carol Thompson, Executive Chair will assume
day-to-day responsibility.

Executive Chair, Carol Thompson, said:

"It has been a challenging few years for the business, with Ioan having led
the Group through some of the most difficult trading conditions in recent
history. He has now taken the decision to step back from the business before
moving on to his next venture. We wish him all the best with his future
endeavours."

For further information please contact:

 

 Maintel Holdings Plc                                     0344 871 1122

 Carol Thompson, Executive Chair

 Gab Pirona, Chief Financial Officer

 Dan Davies, Chief Technology Officer

 finnCap, (Nomad and Broker)                              020 7220 0500
 Jonny Franklin-Adams / Emily Watts (Corporate Finance)

Sunila de Silva (Corporate Broking)

 

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