Business
PrimaryBid Retail Offer
PrimaryBid Retail Offer.
About this update from Midwich Group Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"UK MAR\").\nTHIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF MIDWICH GROUP PLC.\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.\nTHIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY PRIMARYBID LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 779021).\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.\n \n7 June 2023\n \nMidwich Group Plc\n(\"Midwich\" or the \"Company\" or the \"Group\")\nPrimaryBid Retail Offer\n\n\n\n●\n\n\nMidwich announces a conditional offer for subscription of up to £2.0m of new Ordinary Shares via PrimaryBid;\n\n\n\n\n●\n\n\nThe issue price of the new Ordinary Shares will be determined at the close of the bookbuild process;\n\n\n\n\n●\n\n\nInvestors can access the Retail Offer through PrimaryBid's website and on PrimaryBid's app;\n\n\n\n\n●\n\n\nInvestors may also be able to take part through PrimaryBid's extensive network of retail brokers, wealth managers and investment platforms, subject to their participation;\n\n\n\n\n●\n\n\nApplications for new Ordinary Shares through these partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as General Investment Accounts (\"GIAs\");\n\n\n\n\n●\n\n\nThe Retail Offer is available to both existing shareholders and new investors;\n\n\n\n\n●\n\n\nThe new Ordinary Shares to be issued pursuant to the Retail Offer and the Placing will be sold at the Issue Price;\n\n\n\n\n●\n\n\nThere is a minimum subscription of £250 per investor in the Retail Offer;\n\n\n\n\n●\n\n\nNo commission will be charged by PrimaryBid on applications to the Retail Offer.\n\n\n\n \nRetail Offer\nMidwich (AIM:MIDW), the ...