Maintel Holdings PLC Board Changes (4961A)
June 02 2021 - 1:00AM
UK Regulatory
TIDMMAI
RNS Number : 4961A
Maintel Holdings PLC
02 June 2021
Maintel Holdings Plc ("Maintel" or the "Company")
Directorate Changes
Maintel Holdings plc announces the following two Board
changes.
Non-Executive Director Dr Annette Nabavi has decided not to seek
re-election at the forthcoming AGM, in order to focus on other
interests. As a result she will step down from the Board at the
conclusion of the Company's 2021 AGM. Annette joined the Board in
June 2014, bringing a wealth of experience from a career in
strategic consulting and investment banking.
Chief Financial Officer Mark Townsend will be leaving Maintel
towards the end of the current year to fulfil a long-term ambition
of travel before semi-retirement back in the UK. Mark joined the
Board in 2016 and has been instrumental in a number of acquisitions
and latterly in Maintel's transformation into a cloud and managed
service organisation.
The Board has initiated a search process for both replacements
with a view to making appointments in due course. Nicholas Taylor
will assume the role of Chair of the Remuneration Committee on an
interim basis.
John Booth, Non-Executive Chairman said:
"I would like to thank Annette for her significant contribution
to Maintel over the past 7 years. In particular, her insight and
guidance on complex transactions, such as the transformative
acquisitions of Azzurri and Intrinsic, has been invaluable, as has
her leadership on diversity and equality issues and her chairing of
our Remuneration Committee. We wish her the all the very best in
her future ventures.
Equally the Board thanks Mark for his guidance and leadership
over the past five years, especially during the Azzurri and
Intrinsic acquisitions, and more recently for his work sustaining
the transformation of Maintel, returning the business back to
organic growth. Mark will leave the company towards the end of this
year and we look forward to his continued support and guidance over
the forthcoming months."
For further information please contact:
Ioan MacRae, Chief Executive Officer 0344 871 1122
Mark Townsend, Chief Financial Officer
finnCap
Jonny Franklin-Adams / Emily Watts / Kate Bannatyne (Corporate Finance) 020 7220 0500
Richard Chambers / Sunila de Silva (Corporate Broking)
Please note that this announcement contains inside information
as stipulated under the Market Abuse Regulation (EU no. 596/2014)
as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR").
About Maintel:
Maintel is a cloud and managed services company with a focus on
communications. Its people are experienced, trusted technology
advisors, who improve their clients' organisations through digital
transformation.
Founded in 1991, Maintel has a proven track record of delivering
communications solutions and services to both the private and
public sector. In that time, the company has gained the expertise
to solve the challenges associated with digital initiatives, and
its managed services approach ensures clients realise the full
value of their technology.
This is achieved by specialising in three key pillars of digital
transformation: making organisations more effective, efficient, and
collaborative with digital workplace solutions; allowing
organisations to acquire, develop, and retain more business by
using technology to create more meaningful customer experiences
through outstanding service; ensuring organisations' employees,
customers, and partners always have seamless access to their data
and applications through reliable, secure connectivity.
Ongoing growth of Maintel's cloud and managed services offerings
continues to allow the company to keep supporting the increasing
demands of the market.
Please visit www.maintel.co.uk for more information.
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END
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