Marks Electrical Group plc Dividend Declaration (4974H)
November 24 2022 - 4:53AM
UK Regulatory
TIDMMRK
RNS Number : 4974H
Marks Electrical Group plc
24 November 2022
Marks Electrical Group plc
(the "Company")
Further to the interim results announcement released on 8
November 2022, the Company confirms that the interim dividend of
0.30p per share will be paid on 23 December 2022 to shareholders
who are on the register at the close of business on 2 December
2022.
Enquiries:
Marks Electrical Group plc Via Dentons Global Advisors:
Mark Smithson, CEO
Tel: +44 (0)20 7664 5095
Josh Egan, CFO
Dentons Global Advisors (Financial PR)
Jonathon Brill / James Styles / Fern Duncan
Tel: +44 (0)20 7664 5095
markselectrical@dentonsglobaladvisors.com
Panmure Gordon (NOMAD and Joint Broker)
Oliver Cardigan / Dougie McLeod (Corporate Finance)
Tel: +44 (0) 207 886 2500
Erik Anderson (Corporate Broking)
Berenberg (Joint Broker)
Matthew Armitt / Michelle Wilson / Richard Bootle (UK Investment
Banking) Tel: +44 (0) 20 3207 7800
About Marks Electrical
Marks Electrical is a fast growing, highly scalable, 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 up 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 GBP8.0 billion.
Primarily through its simple, clear and intuitive website -
markselectrical.co.uk - the Group offers over 4,000 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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END
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