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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Midwich Group Plc | LSE:MIDW | London | Ordinary Share | GB00BYSXWW41 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
3.00 | 0.68% | 443.00 | 437.00 | 443.00 | 443.00 | 443.00 | 443.00 | 1,832 | 10:30:24 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 1.29B | 26.82M | 0.2597 | 17.06 | 457.4M |
TIDMMIDW
RNS Number : 8193P
Midwich Group PLC
13 February 2019
13 February 2019
Midwich Group plc
("Midwich" or "the Group")
Appointment of Joint Broker
Midwich, a specialist audio visual ("AV") distributor to the trade market with operations across the UK and Ireland, Continental Europe and Asia-Pacific, is pleased to announce that it has appointed Berenberg as the Company's joint corporate broker to work alongside its existing corporate broker and NOMAD Investec with immediate effect.
END
For further information:
Midwich Group plc Tel: +44 (0) 1379 649 200 Stephen Fenby, Managing Director Stephen Lamb, Finance Director Investec Bank plc (NOMAD and Joint Broker Tel: +44 (0) 20 7597 5970 to Midwich) James Rudd Carlton Nelson Berenberg (Joint Broker to Midwich) Tel: +44 (0) 20 3207 7800 Ben Wright Mark Whitmore Laure Fine FTI Consulting Tel: +44 (0) 20 3727 1000 Alex Beagley Tom Hufton Fern Duncan
About Midwich Group
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 16,000 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 nearly 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 www.midwichgroupplc.com
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 rns@lseg.com or visit www.rns.com.
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February 13, 2019 02:00 ET (07:00 GMT)
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