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Midwich Group PLC (MIDW)

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Tuesday 10 September, 2019

Midwich Group PLC

Director/PDMR Shareholding

RNS Number : 8512L
Midwich Group PLC
10 September 2019


10 September 2019

Midwich Group Plc

("Midwich" or "the Group")

Director/PDMR Shareholding



Midwich, the leading specialist audio visual and document solutions distributor to the trade market, announces that Stephen Fenby, Group Managing Director, has bought 30,000 ordinary shares in the Group ("Ordinary Shares") at an average price of 510.00 pence per share.


Stephen Fenby now has an interest in 19,100,000 Ordinary Shares.




Details of the person discharging managerial responsibilities/person closely associated



Stephen Fenby


Reason for the notification



Group Managing Director


Initial notification/ Amendment

Initial notification


Details of the issuer



Midwich Group Plc





Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted


Description of the Financial Instrument

Ordinary shares of £0.01 each


Identification code of the Financial Instrument



Nature of the transaction

Purchase of shares


Price(s) and volume(s)







Aggregated information

-               Aggregated volume

-               Price





Date of the transaction

10 September 2019


Place of the transaction

London Stock Exchange



For further information please contact:

Midwich Group Plc

Stephen Fenby, Managing Director

Stephen Lamb, Finance Director


via FTI Consulting

Investec Bank plc (NOMAD and Joint Broker to Midwich)

James Rudd / Carlton Nelson


Tel: +44 (0)20 7597 5970

Berenberg (Joint Broker to Midwich)

Ben Wright / Mark Whitmore / Laure Fine 


Tel: +44 (0)20 3207 7800

FTI Consulting

Alex Beagley / Sam Power


Tel: +44 (0)20 3727 1000

Notes to Editors

Midwich is a specialist AV distributor to the trade market, with operations in the UK and Ireland, Continental Europe and Asia Pacific. The Group's long-standing relationships with over 400 vendors, including blue-chip organisations, support a comprehensive product portfolio across major audio visual categories such as large format displays, projectors, digital signage and professional audio. The Group operates as the sole or largest in-country distributor for a number of its vendors in their respective product sets.


The Directors attribute this position to the Group's technical expertise, extensive product knowledge and strong customer service offering built up over a number of years. The Group has a large and diverse base of over 17,000 customers, most of which are professional AV integrators and IT resellers serving sectors such as corporate, education, retail, residential and hospitality. Although the Group does not sell directly to end users, it believes that the majority of its products are used by commercial and educational establishments rather than consumers.


Initially a UK only distributor, the Group now has 900 employees across the UK and Ireland, Continental Europe and Asia Pacific. A core component of the Group's growth strategy is further expansion of its international operations and footprint into strategically targeted jurisdictions.


For further information, please visit:

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

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