The Register of Members' Financial Interests
As at 26 June 2023

Garnier, Mark (Wyre Forest)

Garnier, Mark (Wyre Forest)

1. Employment and earnings

Payments from the Shetland Space Centre, Moray Park, Seaford Avenue, Grantown-on-Spey PH26 3J:

From 1 October 2020 until 31 August 2022, Chair of the Advisory Board. I received £2,500 a month. In addition, I have been offered share options with terms still to be decided. Hours: approx. 10 hrs per month. (Registered 26 October 2020; updated 22 September 2022)

Payment of £5,000 per annum expected as an annual retainer fee covering 1 September 2022 to 31 August 2023. If required, I will undertake additional work on an ad hoc basis, and payments will be listed below. Hours: none to date. (Registered 22 September 2022)

4. Visits outside the UK

Name of donor: Confederation Générale des Entreprises du Maroc
Address of donor: 23, Bd Mohamed Abdou Quartier, Palmiers 20340 Casablanca, Morocco
Estimate of the probable value (or amount of any donation): Flights £1,250; hotel £1,300 (two nights Casablanca, two nights in Rabat, one night Tangiers); total value £2,550
Destination of visit: Casablanca, Rabat and Tangiers, Morocco
Dates of visit: 9-14 October 2022
Purpose of visit: Members' fact finding delegation in relation to trade with Morocco.
(Registered 25 October 2022)

Name of donor: General Confederation of Moroccan Enterprises (CGEM)
Address of Donor: 23, Boulevard Mohamed Abdou Quartier, Palmiers 20340, Casablanca, Morocco
Estimate of the probable value (or amount of any donation): Flights, travel and subsistence, value £2,226
Destination of visit: Dakhla, Morocco
Dates of visit: 11-14 April 2023
Purpose of visit: APPG on Morocco visit to as part of promoting links and mutual understanding between Britain and Morocco.
(Registered 02 May 2023)

6. Land and property portfolio: (i) value over £100,000 and/or (ii) giving rental income of over £10,000 a year

From 23 June 2017, a residential property in Cornwall owned jointly with my spouse: (i) and (ii). (Registered 27 June 2017)

7. (i) Shareholdings: over 15% of issued share capital

From 22 September 2021, sole director and shareholder of Kemyel Ltd, a company set up to manage my financial interests. (Registered 04 October 2021; updated 11 May 2023)

8. Miscellaneous

Member of the Court of the Worshipful Company of Coachmakers and Coach Harness Makers of London. (Updated 19 May 2015)

From 10 March 2021, Director of the Satellite Finance Network, a company limited by guarantee providing support and advice for space sector start-up companies. This is an unpaid role, requiring one day per month commitment. (Registered 15 March 2021)

From 22 November 2021, Chair of the advisory board of the Space Energy Initiative, a non-profit organisation set up within the Satellite Applications Catapult to support those exploring the possibility of space based solar power. This is an unpaid role and involves chairing four meetings a year. (Registered 14 December 2021)

From 9 January 2023, a Non-executive Director of Space Solar Group Holdings Ltd, a company created by the Space Energy Initiative to own the intellectual property and legal agreements that will raise capital to deliver the UK’s entry into the area of space based solar power. This is an unpaid role. (Registered 09 January 2023)

9. Family members employed and paid from parliamentary expenses

I employ my spouse, Caroline Garnier, as Office Manager.