REG - Oryx Int. Growth Fnd - EGM Requisition

Oryx International Growth FundAnnouncement

11/02/2026 10:45

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RNS Number : 6084S  Oryx International Growth Fund Ld  11 February 2026

ORYX INTERNATIONAL GROWTH FUND LIMITED

 

 

Maintel Holdings plc (Company or Maintel) EGM Requisition

Oryx International Growth Fund Limited, a Fund managed by Harwood Gibraltar,
has today notified the Company that it is withdrawing the EGM Requisition
notice submitted on 27 January 2026. It will, however, be submitting a new
requisition which will include the removal of Dan Daniels from the Board of
the Company and his replacement by Martin Rowland as Executive Chairman.

 

The original requisition was intended not to compromise the lawsuit by the
former CEO, Carol Thompson, but the case has now been settled.

 

Amongst the issues that will be raised in the new requisition is the failure
by the Board to consult with major shareholders on an offer received around 12
months ago from a substantial third party in 2025 at a very significant
premium to the current share price. Whilst Mr Beveridge, a non-executive
director of the Company, has suggested there was positive engagement this has
been refuted by the advisor to the potential acquirer vociferously. This is
just an example of why Maintel needs directors who put shareholders first.

 

The timing of the next requisition will be shortly after the final results for
2025 are placed into the public domain.

 

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