Appointment of Non-Executive Directors

03 July 2024

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Maintel Holdings Plc

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

Appointment of Non-Executive Directors

Maintel Holdings Plc, a leading provider of cloud, network and security managed communications services, is pleased to announce the appointment of Bob Beveridge and Angus McCaffery to the board of Maintel, with immediate effect.

Bob Beveridge has been appointed an independent non-executive director of the Company and will chair the Company's Audit and Risk Committee. Bob has considerable experience as a financial and strategic leader of blue-chip companies, including Cable and Wireless Communications plc and Marlborough Stirling plc. He is currently a non-executive director of Inspiration Healthcare Group plc and chair of Berkshire Local Enterprise Partnership Limited.

Angus McCaffery has been appointed as a non-executive director of the Company and will join the Company's Nomination Committee. Angus co-founded Maintel and was previously an executive director of the Company until December 2020.

Commenting on the appointments, Dan Davies, Interim Chief Executive Officer said

"I am delighted to welcome both Bob and Angus to the board. Together they bring a wealth of experience which will be invaluable in supporting us in the future development and growth of the Company.

Please refer to Annex 1 for further disclosures relating to Rule 17 or paragraph (g) of Schedule 2 of the Companies.

For further information please contact:

Notes to editors

Maintel Holdings Plc ("Maintel") is a leading provider of cloud, networking and security managed communications 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).

Annex 1

The directorships and partnerships currently held by Robert "Bob" James Beveridge, aged 68, and over the five years preceding the date of his appointment are as follows:

Bob Beveridge does not hold any Ordinary Shares in Maintel Holdings plc.

The directorships and partnerships currently held by Angus John McCaffery, aged 58, and over the five years preceding the date of his appointment are as follows:

Angus was previous a director of Hengelo Ltd, which went into voluntary creditors liquidation on 30 August 2019 and was dissolved on 12 March 2021. Following liquidation, aggregate creditors deficit of approximately £157k was recorded.

Angus McCaffery is currently beneficially interested in 1,662,882 Ordinary Shares in Maintel Holdings plc.

There are no further disclosures to be made pursuant to Schedule 2 paragraph (g) of the AIM Rules.

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