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
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/.