REG - Midwich Group PLC - Director/PDMR Shareholding

MidwichAnnouncement

21/10/2024 16:30

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RNS Number : 0069J  Midwich Group PLC  21 October 2024

21 October 2024

Midwich Group plc

("Midwich" or the "Group")

Director/PDMR Shareholding

Midwich Group (AIM: MIDW), a global specialist audio visual distributor to
the trade market, announces that Stephen Fenby, Group Managing Director, has
purchased 150,000 ordinary shares in the Company ("Ordinary Shares") at 273.3
pence per share.

Following this transaction, Stephen Fenby and persons closely associated with
him have an interest in 17,562,396 Ordinary Shares, representing 16.85% of
the Company's share capital.

The Notification of Dealing Form can be found below. These notifications are
made under article 19 of the Market Abuse Regulation ("MAR").

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                             Stephen Fenby
 2.   Reason for the notification
 (a)  Position/status                                  Group Managing Director
 (b)  Initial notification/ Amendment                  Initial notification
 3.   Details of the issuer
 (a)  Name                                             Midwich Group Plc
 (b)  LEI                                              213800TUH2ZU68PZZN12
 4.   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
 (a)  Description of the Financial Instrument          Ordinary shares of £0.01 each
 (b)  Identification code of the Financial Instrument  GB00BYSXWW41
 (c)  Nature of the transaction                        Purchase of shares
 (d)  Price(s) and volume(s)                           Price(s)                    Volume(s)
                                                       273.3p                      150,000

 (e)  Aggregated information

      -  Aggregated volume                             150,000

      -   Price                                        273.3p
 (f)  Date of the transaction                          21 October 2024
 (g)  Place of the transaction                         London Stock Exchange

 

For further information:

 Midwich Group plc                                                              +44 (0) 1379 649200

Stephen Fenby, Managing Director

Stephen Lamb, Finance Director
 Investec Bank plc (NOMAD and Joint Broker to Midwich)                          +44 (0) 20 7597 5970

Carlton Nelson / Ben Griffiths
 Berenberg (Joint Broker to Midwich)                                            +44 (0) 20 3207 7800

Ben Wright / Richard Andrews
 FTI Consulting                                                                 +44 (0) 20 3727 1000

Alex Beagley / Tom Hufton / Matthew Young

 

Specialisation at scale.

Midwich Group is a network of businesses which partner with the world's
leading technology companies to accelerate their growth. Selling into over 50
countries from 23 global locations, the Group specialises in audiovisual
technology - whether in state-of-the-art meeting rooms or on a festival main
stage, our solutions help the world connect, communicate, or experience wow
moments.

Taking technology further.

With services ranging from product distribution to complex system design,
focused marketing campaigns to flexible financing solutions, and showcase
events to seed funding for startups, the Group's ever-expanding offering is
designed to add value and solve its partners' biggest challenges.

This has enabled the Group to maintain strong relationships with global
manufacturers and a diverse customer base of over 21,000, including
professional integrators, event production companies and IT resellers in
sectors such as education, corporate, retail and live events.

Enabling tomorrow.

With over 1,900 employees across the UK and Ireland, EMEA, Asia Pacific and
North America, the company is committed to being a responsible employer.

The Group wants to do the right thing and actively works to limit its impact
on the environment and communities, and recognises the importance of giving
back - find out more about our sustainability activities here.

Help us go further, together.

Visit https://midwichgroupplc.com

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