REG - Videndum PLC - Director/PDMR Shareholding

VidendumAnnouncement

19/12/2024 13:45

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RNS Number : 8073Q  Videndum PLC  19 December 2024

 

19 December 2024

 

VIDENDUM PLC

 

 

Notification of Transactions of Directors and Persons Discharging Managerial
Responsibility (PDMRs)

 

 

Long Term Incentive Plan ("LTIP") - December 2024 Award

 

Videndum plc ("the Company") announces that on 18 December 2024 the following
award of ordinary shares of 20 pence each were made under the Company's LTIP
to the Chairman, Stephen Harris.

 

 Name            Position  Award of 2024 LTIP shares
 Stephen Harris  Chairman  200,000

 

Subject to satisfaction of performance conditions, the award made under the
LTIP will vest on the second anniversary of the award - being 18 December
2026.

 

Additional Context: Executive Chairman Role and Remuneration

 

As part of Stephen Harris' new role as Executive Chairman, he has agreed with
the Remuneration Committee to receive a salary of £250,000 per annum and an
LTIP award of 200,000 in 2024 and in 2025.

This remuneration structure aligns Stephen Harris' remuneration with long-term
shareholder interests and demonstrates his dedication to fostering sustainable
growth and shareholder value.

 

 

Jon Bolton

Group Company Secretary

020 8332 4600

 

 

Videndum is a leading global provider of premium branded hardware products and
software solutions to the content creation market.

Videndum's customers include broadcasters, film studios, production and rental
companies, photographers, independent content creators ("ICC"), professional
musicians and enterprises. Our product portfolio includes camera supports,
video transmission systems and monitors, live streaming solutions, smartphone
accessories, robotic camera systems, prompters, LED lighting, mobile power,
carrying solutions, backgrounds, audio capture, and noise reduction equipment.

We employ around 1,600 people across the world in ten different countries.
Videndum plc is listed on the London Stock Exchange, ticker: VID.

More information can be found at: https://videndum.com/
(https://videndum.com/)

LEI number: 2138007H5DQ4X8YOCF14

 

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