REG - Marks Electrical Grp - Chair Succession

Marks ElectricalAnnouncement

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RNS Number : 1743K  Marks Electrical Group plc  04 December 2025

Marks Electrical Group plc

Chair Succession

Marks Electrical Group plc ("Marks Electrical", "the Company" or "the Group"),
the online electrical retailer, announces that Marnie Millard, Chair, has
informed the Board of her decision to step down from the Board on 31 December
2025. As part of the Group's ongoing succession planning, the Board is pleased
to announce that Darren Bowkett has been appointed Marnie's successor and will
assume the role of Chair and join the Board on 2 January 2026.

Marnie joined Marks Electrical as Chair in 2021 as part of the IPO and has
been an integral part of the Board, helping support the transition from a
successful family-owned business into a publicly traded company.

Darren Bowkett has worked for Ibstock Group plc for over 40 years and during
this time has developed significant operational and practical expertise.
Darren is currently Strategic Projects Director at Ibstock Brick and over the
last 12 years has had several Director roles in the Ibstock Group including
responsibility for running some of its key businesses.

As announced on 12 November in the Company's interim results, the Company
confirms that Alyson Fadil has now left the Board.

Mark Smithson, CEO of Marks Electrical commented:

"Marnie joined the Board in 2021 as part of the IPO and has been an integral
part of the team, helping the business to deliver on its strategic plans as
we've expanded over recent years.  Marnie has been a great help guiding the
Company, the other Directors and me over the last four years. We are all very
grateful for her efforts throughout her tenure and wish her well for the
future.

We are excited to welcome Darren with his operational expertise and look
forward to welcoming him to the team in the new year."

Marnie Millard, Chair of Marks Electrical commented:

"I have enjoyed working with Mark and the team since the listing on AIM in
2021, supporting the business as we transitioned from a successful
family-owned business to a publicly traded company. After over four years in
the role, it is now the right time for me to hand over the role to Darren, who
will oversee the next phase of the business' progress."

Additional disclosures

As required by Schedule 2(g) of the AIM Rules for Companies, the Company
confirms that Darren Bowkett (aged 57) is currently or has been a director of
the following companies within the past five years:

 Current Directorships  Previous Directorships
 None                   Ibstock Brick Aldridge Property Limited
                        Ibstock Brick Himley Limited
                        Ibstock Brick Limited
                        Ibstock Brick Nostell Limited
                        Ibstock Brick Roughdales Limited
                        Ibstock Hathernware Limited
                        Ibstock Westbrick Limited
                        Kevington Building Products Limited
                        Loopfire Systems Limited
                        Moore & Sons Limited
                        Wealdbeam Systems Limited

 

 

Enquiries:

Marks Electrical Group
plc                                                    Via
DGA Group:

Mark Smithson (CEO)
                                    Tel: +44 (0)20 7664 5095

 

DGA Group (Financial PR)

Jonathon Brill / James Styles
                                Tel: +44 (0)20 7664 5095

markselectrical@dgagroup.com (mailto:markselectrical@dgagroup.com)
 
 
 
 
 

Canaccord Genuity (NOMAD and Broker)

Max Hartley / George Grainger
                              Tel: +44 (0)20 7523 8000
 

About Marks Electrical

Marks Electrical is a technology driven e-commerce electricals 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
(https://group.markselectrical.co.uk/)  and its retail
website: https://markselectrical.co.uk/ (https://markselectrical.co.uk/) .

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