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| TIDM | OIG |
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Oryx International Growth Fund Limited, managed by Harwood Gibraltar, on 11 February 2026, notified Maintel Holdings plc of the withdrawal of an EGM Requisition notice submitted on 27 January 2026. Oryx stated its intention to submit a new requisition, which will include the removal of Dan Daniels from Maintel's Board and his replacement by Martin Rowland as Executive Chairman.
| Date | 11 Feb 2026 |
| Time | 10:37:30 |
| Category | Miscellaneous |
| ID | 6084S |
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.