18 April 2019
Midwich Group plc
("Midwich" or "the Group")
Posting of Annual Report and Notice of AGM
Midwich, a specialist audio visual and document solutions distributor to the trade market announces that its Annual Report and Accounts and Notice of Annual General Meeting (AGM) have been posted to shareholders and are available on the Group's website http://midwichgroupplc.com.
The AGM will be held at 10:00am on 13 May 2019 in the London and Tower Rooms, at the offices of Mills & Reeve LLP, 24 Monument Street, London, EC3R 8AJ.
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For further information:
Midwich Group plc Stephen Fenby, Managing Director Stephen Lamb, Finance Director
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Tel: +44 (0) 13 7964 9200 |
Investec Bank plc (NOMAD and Joint Broker to Midwich) James Rudd Carlton Nelson
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Tel: +44 (0) 20 7597 5970 |
Berenberg (Joint Broker to Midwich) Ben Wright Mark Whitmore Laure Fine
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Tel: +44 (0) 20 3207 7800 |
FTI Consulting Alex Beagley Tom Hufton Fern Duncan |
Tel: +44 (0) 20 3727 1000
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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