Marks Electrical Group plc
Board Appointment
Marks Electrical Group plc ("Marks Electrical", "the Group" or "the Company"), a fast-growing online electrical retailer, is pleased to confirm that, further to the announcement on 17 October 2024, Warren Middleton has been appointed as Non-executive Director of the Group.
The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.
Mr Warren Ronald Middleton (aged 54) is currently or has been a Director of the following companies within the past five years:
Current Directorships | Past Directorships (in the last five years) |
None | · KPMG Acceleris Limited · KPMG Europe Llp · KPMG Llp |
Mr Middleton currently holds no direct interests in the Company's ordinary Shares.
There is no further information to be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies.
Enquiries:
Marks Electrical Group plc Via DGA Group:
Mark Smithson, CEO Tel: +44 (0) 20 7664 5095
Josh Egan, CFO
DGA Group (Financial PR)
Jonathon Brill / James Styles / Nishad Sanzagiri Tel: +44 (0) 20 7664 5095
Canaccord Genuity (NOMAD and Broker)
Max Hartley / George Grainger (Nomad) / Kit Stephenson (Sales) Tel: +44 (0) 207 886 2500
About Marks Electrical
Marks Electrical is a fast growing, highly scalable premium electrical retailer which sells, delivers, installs and recycles a wide range of household electrical products. The Group was founded in Leicester in 1987 by Mark Smithson and has scaled into a nationwide online retailer with a compelling growth track record, thanks to its vertically integrated, low-cost, high-quality operating model, supported by the ongoing structural shift of consumers to purchase online. The Group operates within the UK Major Domestic Appliances (MDA) and Consumer Electronics (CE) market, estimated to be worth approximately £7 billion.
Primarily through its simple, clear and intuitive website - markselectrical.co.uk - the Group offers over 4,500 products from over 50 leading brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the Group maintains strong and direct relationships. Marks Electrical delivers direct to customers in its owned and branded vehicles, operated by the Group's skilled team of delivery drivers, who are also able to offer installation and recycling services.
For further information, visit the Marks Electrical corporate website: https://group.markselectrical.co.uk and its retail website: https://markselectrical.co.uk/.
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