REG - Midwich Group PLC - Issue of Equity & Total Voting Rights

MidwichAnnouncement

31/03/2025 07:15

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RNS Number : 7649C  Midwich Group PLC  31 March 2025

31 March 2025

Midwich Group plc

("Midwich", the "Group" or the "Company")

 

Issue of Equity & Total Voting Rights

 

Midwich Group (AIM: MIDW), a global specialist audio visual distributor to the
trade market, has applied to the London Stock Exchange for the listing of an
additional 300,000 ordinary shares of one pence each in the Company ("Ordinary
Shares") to be admitted to trading on AIM.

 

The Ordinary Shares will be issued to the trustees of the Company's Employee
Benefit Trusts, and used to satisfy awards relating to the Midwich Group plc
2016 Share Incentive Plan and those vesting under the Midwich Group plc 2016
Long Term Incentive Plan.

 

It is expected that admission of these Ordinary Shares will become effective
on 2 April 2025. These Ordinary Shares, which will rank pari passu with the
existing Ordinary Shares in issue, will be allotted under the plans listed
above.

 

Following the anticipated admission of these shares, the total number of
ordinary shares of one pence each in the capital of the Company in issue will
be 104,545,126. This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company.

 

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

 

 

 About Midwich Group

 

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 24,000, including
professional integrators, event production companies and IT resellers in
sectors such as education, corporate, retail and live events.

 

Enabling tomorrow

With over 1,800 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.

 

For further information, please visit www.midwichgroupplc.com
(http://www.midwichgroupplc.com/)

 

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