Director dealings: Midwich group MD lowers stake

(Sharecast News) - Midwich Group revealed on Thursday that managing director Stephen Fenby had disposed of 2.0m ordinary shares in the AIM-listed audio-visual distributor.
Fenby, who took over as group MD back in May 2016, sold the shares at an average price of 608.00p each, for a total value of £12.15m.

Following the transaction, Fenby and persons closely associated with him have an interest in 17.26m ordinary Midwich shares, representing 19.5% of the company's share capital.

As of 1610 BST, Midwich shares were down 0.96% at 602.16p.

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Top Director Sells

Midwich Group (MIDW)
Director name: Fenby,Stephen
Amount sold: 2,000,000 @ 608.00p
Value: £12,159,999.85