Marks Electrical Group PLC - Leicester, England-based electrical retailer - Announces that Chief Financial Officer Tom Pallatt has decided to leave the company. The company says it is starting a process to appoint a successor. Pallatt will continue in his current role, including "supporting and facilitating a smooth transition". Read More
(Alliance News) - Craneware expects to underperform market expectations, Caledonia Investments completes its investment in a garden centre operator while Strategic Minerals gets approval to expand its drilling programme in Cornwall. Read More
(Alliance News) - Marks Electrical Group PLC on Friday said that it remains mindful of macroeconomic factors within the UK around inflation, as it reported a decline in revenue and adjusted earnings. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Friday. Read More
Marks Electrical Group PLC - Leicester, England-based online electrical retailer - Agrees to pay a GBP720,000 penalty and consumer redress totalling about GBP600,000 following an investigation by the UK Competition & Markets Authority. PA reports that the consumer redress will comprise an average of GBP15 each for nearly 40,000 customers. Notes that the CMA's probe found that starting April last year, Marks Electrical charged the customers for its 'Recycle Old Appliance' and/or 'Unwrap & Recycle Packaging' services automatically, and without their express agreement. "The law is absolutely clear that automatically opting customers into extra charges is never okay," comments Emma Cochrane, the CMA's executive director of consumer protection, quoted by PA. Marks Electrical notes that the CMA's final infringement notice imposed a GBP1.2 million fine, but this was reduced to GBP700,000 following the application of a maximum available settlement discount. Marks Electrical will use its existing cash resources to pay, and reports a cash balance of GBP4.4 million as of March 31, which will be treated for accounting purposes as an "exceptional item". Read More
(Alliance News) - Marks Electrical Group PLC on Monday said that it expects to report profit and net cash ahead of its prior forecasts. Read More
(Alliance News) - Halma makes a USD90 million acquisition to expand its healthcare offering, while BP enters Namibia with a stake in offshore exploration blocks, and Vistry appoints a new chief executive as part of a leadership transition. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Marks Electrical Group PLC - Leicester, England-based electrical products retailer - Confirms the departure of Chief Financial Officer Josh Egan on Thursday. The firm says a process to appoint a full time successor is underway. Dipesh Mistry will continue as interim CFO until further notice. Read More
(Alliance News) - Marks Electrical Group PLC on Wednesday said its performance in the 2025 financial year was in line with expectations, as revenue increased but it swung to a loss from profit. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
Marks Electrical Group PLC - Leicester, England-based electrical products retailer - Chief Financial Officer Josh Egan will step down to take up a new role as CFO of Roadchef Motorways Ltd, the motorway services area operator and subsidiary of Sydney-based financial services Macquarie Group Ltd. Marks Electrical is beginning the process to find a successor, and Egan will remain a director of the company to support the business through its full-year results release and to ensure a smooth transition. A further announcement will be made "as appropriate". Marks Electrical will publish its results for the year that ended March 31 on June 25. Read More