Midwich : Appointment of Joint Broker

RNS Number : 8193P Midwich Group PLC 13 February 2019

13 February 2019

Midwich Group plc

("Midwich" or "the Group")

Appointment of Joint Broker

Midwich, a specialist audio visual ("AV") distributor to the trade market with opera"ons across the UK and Ireland, Con"nental Europe andAsia-Pacific, is pleased to announce that it has appointed Berenberg as the Company's joint corporate broker to work alongside its existing corporate broker and NOMAD Investec with immediate effect.

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For further information:

Midwich Group plc

Tel: [phone]

Stephen Fenby, Managing Director Stephen Lamb, Finance Director

Investec Bank plc (NOMAD and Joint Broker to Midwich) James Rudd

Tel: [phone]

Carlton Nelson

Berenberg (Joint Broker to Midwich) Ben Wright

Tel: [phone]

Mark Whitmore Laure Fine

FTI Consulting Alex Beagley Tom Hufton Fern Duncan

Tel: [phone]

About Midwich Group

Midwich is a specialist AV distributor to the trade market, with opera"ons in the UK and Ireland, Con"nental Europe and Asia-Pacific. The Group's long-standing rela"onships with over 400 vendors, including blue-chip organisa"ons, support a comprehensive product por?olio 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 a@ribute this posi"on to the Group's technical exper"se, 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, educa"on, 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.

Ini"ally a UK only distributor, the Group now has nearly 900 employees across the UK and Ireland, Con"nental Europe and Asia-Pacific. A core component of the Group's growth strategy is further expansion of its interna"onal opera"ons and footprint into strategically targeted jurisdictions.

For further information, please visitwww.midwichgroupplc.com

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