Business
Change of Adviser
Change of Adviser.
About this update from Marks Electrical Group Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n 04 April 2023 \n \n \n \n \n \n \n \n \n \n Marks Electrical Group plc\n \n \n \n (\"Marks Electrical\" or \"the Group\")\n \n \n \n \n \n \n \n \n Change of Adviser\n \n \n \n \n \n \n \n \n \n Marks Electrical Group plc, a fast-growing online electrical retailer, is pleased to announce the appointment of Canaccord Genuity Limited as nominated adviser and broker to the Company, with immediate effect.\n \n \n \n \n \n \n - Ends -\n \n \n \n \n \n \n \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n \n \n \n Marks Electrical Group plc\n \n \n \n \n \n Via Dentons Global Advisors:\n \n \n \n \n \n \n Mark Smithson (CEO)\n \n \n Josh Egan (CFO)\n \n \n \n \n Tel: +44 (0)20 7664 5095\n \n \n \n \n \n \n \n Dentons Global Advisors (Financial PR)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Jonathon Brill / James Styles / Fern Duncan\n \n \n \n [email protected]\n \n \n \n \n \n \n Tel: +44 (0)20 7664 5095\n \n \n \n \n \n \n \n Canaccord Genuity (NOMAD and Broker)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Max Hartley / Patrick Dolaghan\n \n \n \n \n Tel: +44 (0)20 7523 8000\n \n \n \n \n \n \n \n \n \n \n About Marks Electrical\n \n \n \n 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 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 £8.0 billion.\n \n \n 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 ...