REG - Marks Electrical Grp - Directorate Change

Marks ElectricalAnnouncement

01/11/2024 07:00

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RNS Number : 1074K  Marks Electrical Group plc  01 November 2024

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

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

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
(https://group.markselectrical.co.uk/)  and its retail
website: https://markselectrical.co.uk/ (https://markselectrical.co.uk/) .

 

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