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Marks Electrical Group Plc ( (GB:MRK) ) has provided an announcement.
Marks Electrical Group Plc has announced a change in the ownership of its voting rights, with Frasers Group Plc increasing its stake to 8.08% from a previous 7.84%. This acquisition signals an increased interest from Frasers Group, potentially impacting Marks Electrical’s strategic directions and shareholder dynamics.
More about Marks Electrical Group Plc
Marks Electrical Group Plc is a UK-based company operating in the electrical retail industry. The company specializes in the sale of electrical appliances, focusing on providing a wide range of products to consumers in the UK market.
YTD Price Performance: 1.89%
Average Trading Volume: 203,578
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £56.67M
Learn more about MRK stock on TipRanks’ Stock Analysis page.