Marks Electrical Group Plc (GB:MRK) has released an update.
Marks Electrical Group Plc, an expanding online electrical retailer, has secured a new three-year lease for its headquarters in Leicester, with a modest rent increase to £640,000 annually. The transaction is deemed fair by the directors, excluding CEO Mark Smithson, who is related to the leasing parties. Marks Electrical continues to capitalize on the consumer shift to online shopping, offering a wide range of appliances and electronics through its user-friendly website.
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