Directors Deals 

Midwich's six-million-pound man

Midwich's six-million-pound man

Stephen Fenby, managing director of Midwich (MIDW), has offloaded a beneficial holding of 1m shares in the audio/visual distributor, generating £6.2m in the process. The sale, which included holdings of family members, was conducted a fortnight after a trading update which detailing a 28 per cent increase in revenues, combined with an improving gross margin, and cash generation ahead of management expectations.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now