Frasers Group Raises Stake in Marks Electrical Group

Dow Jones

10 Jan

By Anthony O. Goriainoff

Marks Electrical Group said Mike Ashley's Frasers Group increased its shareholding in the company to 7.8% from 6.4%.

The London-listed online electrical retailer said Friday that Frasers now owns 8.2 million shares, worth 48.2 million pounds ($59.3 million) based on Thursday's closing price of 586 pence.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

January 10, 2025 03:02 ET (08:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Goriainoff \n</p>\n<pre>\n \n</pre>\n<p>\n  Marks Electrical Group said Mike Ashley's Frasers Group increased its shareholding in the company to 7.8% from 6.4%. \n</p>\n<p>\n  The London-listed online electrical retailer said Friday that Frasers now owns 8.2 million shares, worth 48.2 million pounds ($59.3 million) based on Thursday's closing price of 586 pence. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 10, 2025 03:02 ET (08:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Group Raises Stake in Marks Electrical Group</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Group Raises Stake in Marks Electrical Group\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-10 16:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Anthony O. Goriainoff \n</p>\n<pre>\n \n</pre>\n<p>\n  Marks Electrical Group said Mike Ashley's Frasers Group increased its shareholding in the company to 7.8% from 6.4%. \n</p>\n<p>\n  The London-listed online electrical retailer said Friday that Frasers now owns 8.2 million shares, worth 48.2 million pounds ($59.3 million) based on Thursday's closing price of 586 pence. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 10, 2025 03:02 ET (08:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TQ5.SI","symbol_name":"星狮地产有限公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2502704833","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2502704833","pubTimestamp":1736496120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Marks Electrical Group said Mike Ashley's Frasers Group increased its shareholding in the company to 7.8% from 6.4%.The London-listed online electrical retailer said Friday that Frasers now owns 8.2 million shares, worth 48.2 million pounds  based on Thursday's closing price of 586 pence.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"translate_title":"星狮集团增持马克斯电气集团股份","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TQ5.SI":1.1},"content_text":"By Anthony O. Goriainoff \n\n\n \n\n\n  Marks Electrical Group said Mike Ashley's Frasers Group increased its shareholding in the company to 7.8% from 6.4%. \n\n\n  The London-listed online electrical retailer said Friday that Frasers now owns 8.2 million shares, worth 48.2 million pounds ($59.3 million) based on Thursday's closing price of 586 pence. \n\n\n \n\n\n  Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 10, 2025 03:02 ET (08:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}