Maintel Holdings Plc, a leading provider of cloud communications, connectivity and security managed communications services, announces the appointment of Stephen Beynon as Non-Executive Chair and to the Board of Directors of the Company, with immediate effect.
Stephen has over 30 years’ experience leading telecoms and energy businesses, including running the B2B division of Virgin Media in the UK and Optus in Australia. Most recently, he was co-President of Eutelsat’s Connectivity Business and CEO of its Low Earth Orbit satellite subsidiary OneWeb.
Clare Bates, Senior Independent Non-Executive Director of the Company, commented:
“We are delighted with the appointment of Stephen as our Independent Non-Executive Chair. He brings a wealth of commercial experience gained across complex B2B and B2C service and infrastructure-based businesses, and his leadership and guidance will be invaluable in our continued transformational journey”.
Stephen Beynon will take over as Chair of the Nomination Committee and will become a member of the Remuneration Committee.
Additional Disclosures Required under the AIM Rules for Companies:
Stephen David Rhys Beynon, aged 60, currently holds or has held the following directorship or partnerships in the past five years:
Thundrige Ltd – Current
OneWeb Holdings Limited – Held in the past five years
Aggreko Employment Services Limited – Held in the past five years
Aggreko International Projects Limited – Held in the past five years
LDR Realisations 2019 Limited – Held in the past five years
Mr Beynon was an angel investor in, and non-executive director of an energy-tech start-up venture, LDR Realisations 2019 Ltd (then Labrador Ltd) between February 2017 and April 2022. The company entered administration in March 2019 and was dissolved in 2022, following an asset sale and creditors’ voluntary liquidation.
Stephen Beynon and persons closely associated (as defined under MAR) with Mr Beynon do not hold any shares in the Company.
Save as disclosed above, there is no further information to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies.