An update from Midwich ( (GB:MIDW) ) is now available.
Midwich Group has announced the issuance of 300,000 additional ordinary shares to be listed on the London Stock Exchange’s AIM, aimed at satisfying awards under its 2016 Share Incentive and Long Term Incentive Plans. This move will increase the total number of shares to 104,545,126, providing shareholders with a new denominator for interest calculations, potentially impacting shareholder notifications and interests.
More about Midwich
Midwich Group is a global specialist in audiovisual technology distribution, partnering with leading technology companies to enhance their growth. Operating in over 50 countries from 23 locations, the company offers services ranging from product distribution to complex system design, catering to a diverse customer base including professional integrators and IT resellers across sectors like education, corporate, retail, and live events.
YTD Price Performance: -28.08%
Average Trading Volume: 274,945
Technical Sentiment Signal: Buy
Current Market Cap: £217.5M
For a thorough assessment of MIDW stock, go to TipRanks’ Stock Analysis page.