Director/PDMR Shareholding
On October 7, 2025, Midwich Group PLC announced that Stephen Lamb, Group Finance Director, exercised 91,046 options over ordinary shares of £0.01 each under the 2016 Long Term Incentive Plan. Following the exercise, Lamb sold 45,523 ordinary shares. Specifically, 12,510 shares were sold at a price of GBP 1.93, totaling £24,144.30, and 33,310 shares were sold at GBP 1.88, amounting to £62,622.80. The option exercise price was GBP 0.01 per share, with a total exercise value of £910.46. The sales were principally to cover associated tax, national insurance, and dealing charges. The transactions occurred on October 6, 2025, on the London Stock Exchange.
Select text to share a quote on X · sign in to keep highlights & notes in your MIDW notes
Midwich (AIM: MIDW), a global specialist audio visual distributor to the trade market, has received notification that Stephen Lamb has exercised 91,046 nominal cost options over ordinary shares of £0.01 each in the Company under the Midwich Group plc 2016 Long Term Incentive Plan (the "LTIP Award"), and following this exercise of options, has sold 45,523 ordinary shares in the Company principally to fund the associated tax, national insurance and dealing charges.
This information is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
| 1 | Details of the person discharging managerial responsibilities | |
| a) | Name | Stephen Lamb |
| 2 | Reason for the notification | |
| a) | Position/status | Group Finance Director |
| b) | Initial notification/ Amendment | Initial notification |
| a) | Name | Midwich Group plc |
| b) | LEI | 213800TUH2ZU68PZZN12 |
| a) | Description of the financial instrument | Ordinary shares of £0.01 each |
| b) | Identification code of the Financial Instrument | GB00BYSXWW41 |
| c) | Nature of the transaction | Exercise of options and sale of shares |
| d) | Price(s) and volume(s) | Price Volume Exercise: GBP 0.01 91,046 Sale: GBP 1.93 12,510 Sale: GBP 1.88 33,310 |
| e) | Aggregated information: volume, Price Exercise of options Sales of shares to satisfy income tax, national insurance and dealing charges | Price(s) Aggregated Volume(s) Aggregated Total GBP 0.01 91,046 £910.46 GBP 1.93 12,510 £24,144.30 GBP 1.88 33,310 £62,622.80 |
| f) | Date of the transaction | 6 October 2025 |
| g) | Place of the transaction | London Stock Exchange (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.