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Pin to quick picksMidwich Group Share News (MIDW)

Share Price Information for Midwich Group (MIDW)

London Stock Exchange
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Share Price: 402.00
Bid: 401.00
Ask: 408.00
Change: 7.00 (1.77%)
Spread: 7.00 (1.746%)
Open: 391.00
High: 405.00
Low: 391.00
Prev. Close: 395.00
MIDW Live PriceLast checked at -

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Director dealings: Midwich managing director raises stake

Mon, 30th Oct 2023 15:15

(Sharecast News) - Midwich Group revealed on Monday that managing director Stephen Fenby had acquired 50,000 ordinary shares in the AIM-listed audio-visual distributor.

Fenby, who joined Midwich in 2004, purchased the shares on Friday at an average price of 375.77p each, for a total value of £187,885.

Following the transaction, Fenby and persons closely associated to him have an interest in 17.38m ordinary Midwich shares, representing approximately 16.68% of the company's issued share capital.

In September, Midwich Group reported a robust first-half financial performance, even amid challenging market conditions. Midwich said revenue for the six months ended 30 June increased 7.4% to £610.4m, up from £568.4m in the same period last year.

As of 1600 GMT, Midwich shares were up 4.26% at 392.0p.

Reporting by Iain Gilbert at Sharecast.com

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Amount purchased: 50,000 @ 375.77p

Value: �187,885.00

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