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Marks Electrical Group Plc announced that all 13 resolutions were passed on poll at its 2026 Annual General Meeting held on 06 August 2026. These resolutions, which included the election and re-election of directors, approval of financial reports, and the appointment of Cooper Parry Group Limited as auditor, saw total votes cast representing 90.09% of the company's issued share capital.
| Date | 6 Aug 2026 |
| Time | 15:22:58 |
| Category | AGMs and other meetings |
| ID | 6533P |
6 August 2026
MARKS ELECTRICAL GROUP PLC
(the "Company")
Result of 2026 Annual General Meeting
Marks Electrical Group Plc (LSE: MRK) announces that at the Company's 2026 Annual General Meeting held today, all resolutions were passed on poll and the results of the poll, including the proxy votes received, are set out below.
Resolutions 1 to 10 (inclusive) were proposed as ordinary resolutions and resolutions 11 to 13 (inclusive) were proposed as special resolutions.
|
No. |
Resolution |
Votes For1 |
% |
Votes Against |
% |
Total votes validly cast |
Total votes cast as % of issued share capital2 |
Votes Withheld3 |
|
1 |
To receive the Annual Report and Accounts of the Company for the financial year ended 31 March 2026 together with the Directors' report and auditor's report |
94,553,553 |
100.00 |
- |
0.00 |
94,553,553 |
90.09 |
25 |
|
2 |
To approve the Annual Statement of the Chair of the Remuneration Committee and the Annual Report on Remuneration for the year ended 31 March 2026 |
94,541,824 |
99.99 |
11,726 |
0.01 |
94,553,550 |
90.09 |
28 |
|
3 |
To elect Darren Bowkett as a director of the Company |
94,553,226 |
99.99 |
327 |
0.01 |
94,553,553 |
90.09 |
25 |
|
4 |
To elect Christopher Czarnecki as a director of the Company |
94,553,230 |
99.99 |
323 |
0.01 |
94,553,553 |
90.09 |
25 |
|
5 |
To elect Helen Flear as a director of the Company |
94,553,226 |
99.99 |
327 |
0.01 |
94,553,553 |
90.09 |
25 |
|
6 |
To elect Tom Pallatt as a director of the Company |
94,553,230 |
99.99 |
323 |
0.01 |
94,553,553 |
90.09 |
25 |
|
7 |
To re-elect Mark Smithson as a director of the Company |
94,553,226 |
99.99 |
327 |
0.01 |
94,553,553 |
90.09 |
25 |
|
8 |
To appoint Cooper Parry Group Limited as auditor of the Company |
94,512,230 |
99.96 |
41,035 |
0.04 |
94,553,265 |
90.09 |
313 |
|
9 |
To authorise the Directors to determine the fees payable to the auditor |
94,553,518
|
99.9 |
35 |
0.01 |
94,553,553 |
90.09 |
25 |
|
10 |
THAT in accordance with section 551 of CA 2006, the Directors be generally and unconditionally authorised to allot Equity Securities |
94,553,415 |
99.99 |
138 |
0.01 |
94,553,553 |
90.09 |
25 |
|
11 |
THAT, subject to resolution 10, the Directors be authorised to allot Equity Securities for cash as if section 561 of the CA 2006 did not apply |
94,509,626 |
99.95 |
43,927 |
0.05 |
94,553,553 |
90.09 |
25 |
|
12 |
THAT, subject to resolution 10 and in addition to resolution 11, the Directors be authorised to allot Equity Securities for cash as if section 561 of the CA 2006 did not apply. |
94,510,586 |
99.95 |
42,964 |
0.05 |
94,553,550 |
90.09 |
28 |
|
13 |
That the Company is authorised to make market purchases of its own Ordinary Shares |
94,512,264 |
99.96 |
41,004 |
0.04 |
94,553,268 |
90.09 |
310 |
1 Includes discretionary votes cast by the Chair.
2 Shares held in treasury count to the total issued share capital but are not voted.
3 A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Every shareholder has one vote for every Ordinary Share held. As at close of business on 4 August 2026, the share capital of the Company consisted of 104,949,050 Ordinary Shares of which 104,949,050 shares were held with voting rights. The Company holds no Ordinary Shares in treasury.
For further information, please contact:
|
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
Canaccord Genuity (NOMAD and Broker)
Max Hartley / George Grainger Tel: +44 (0) 20 7523 8000
|
|
|
JTC (UK) Limited as Company Secretary Tel : +44 203 846 9774
Ruth Wright |
|
About the Company:
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 and its retail website: https://markselectrical.co.uk/.