Midwich Brings Managing Director Into Long-Term Incentive Plan With 600,000-Share Award

Midwich ( (GB:MIDW) ) just unveiled an update.

Midwich Group has awarded its Group Managing Director, Stephen Fenby, 600,000 nominal cost options under its 2016 Long Term Incentive Plan, marking the first time the long-serving executive has been included in the scheme. The 2025 LTIP award, equivalent to about 285% of his salary, is designed to more closely align his incentives with those of the wider management team and shareholders at what the board describes as a critical juncture for the business, with vesting contingent on demanding Adjusted Profit Before Tax and absolute total shareholder return targets running through to 2028, including TSR hurdles of up to 75%.

The most recent analyst rating on (GB:MIDW) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Midwich stock, see the GB:MIDW Stock Forecast page.

Spark’s Take on GB:MIDW Stock

According to Spark, TipRanks’ AI Analyst, GB:MIDW is a Neutral.

The overall stock score is primarily influenced by stable financial performance, though with some pressure on profitability and liquidity. Technical analysis indicates a bearish trend with oversold conditions, which is a significant risk factor. Valuation is mixed, with a high P/E ratio suggesting potential overvaluation, but a strong dividend yield offers some compensation.

To see Spark’s full report on GB:MIDW stock, click here.

More about Midwich

Midwich Group is a global specialist distributor of audiovisual technology to the trade market, partnering with leading technology manufacturers and serving over 21,000 customers, including professional integrators, event production companies and IT resellers. Operating from 23 locations and selling into more than 50 countries across the UK and Ireland, EMEA, Asia Pacific and North America, the Group offers services ranging from product distribution and complex system design to marketing, financing, events and seed funding, with a focus on sectors such as education, corporate, retail and live events.

Average Trading Volume: 111,907

Technical Sentiment Signal: Sell

Current Market Cap: £184.5M

See more data about MIDW stock on TipRanks’ Stock Analysis page.