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.

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