REG - Videndum PLC - Holding(s) in Company

VidendumAnnouncement

19/04/2023 17:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230419:nRSS8096Wa&default-theme=true

RNS Number : 8096W  Videndum PLC  19 April 2023

19 April 2023

Videndum plc

 

Holdings in Company

 

 

In conformity with the Transparency Directive Videndum plc (Videndum) is
required to announce to the market the receipt of notifications of major
interests in shares.

 

Videndum received the attached notice in accordance with the Disclosure and
Transparency Rules that Royal London Asset Management has a notifiable
interest in the voting rights of 2,413,283 ordinary shares of 20p each in
Videndum, representing 5.179942% of Videndum's issued ordinary share capital.

 

 

Jon Bolton

Group Company Secretary

020 8332 4600

 

A snapshot of Videndum plc

 

Videndum is a leading global provider of premium branded hardware products and
software solutions to the growing content creation market. We are organised in
three Divisions: Videndum Media Solutions, Videndum Production Solutions and
Videndum Creative Solutions.

Videndum's customers include broadcasters, film studios, production and rental
companies, photographers, independent content creators, gamers, 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, motion control, audio capture, and noise
reduction equipment.

We employ around 1,900 people across the world in 11 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

 

TR-1: Standard form for notification of major holdings

 

 

 1. Issuer Details
ISIN

 

 GB0009296665

 Issuer Name
 VIDENDUM PLC

 UK or Non-UK Issuer
 UK

 

   2. Reason for Notification

    An acquisition or disposal of voting rights

 

   3. Details of person subject to the notification obligation

 

Name

Royal London Asset Management

 

City of registered office (if applicable)

London

 

Country of registered office (if applicable)

United Kingdom

 

   4. Details of the shareholder

 

                                City of registered office  Country of registered office

 Name

 HSBC Global Custody Nominees   London                     United Kingdom

 (UK) Ltd

 

   5. Date on which the threshold was crossed or reached

 

24-Mar-2023

 

   6. Date on which Issuer notified

27-Mar-2023

 

     7. Total positions of person(s) subject to the notification obligation

 

                                                                             % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)                              Total number of voting rights held in issuer

                                                                                                                                                                                                              Total of both in % (8.A +

                                                                                                                                                                                                              8.B)

 Resulting situation on the date on which threshold was crossed or reached

                                                                             5.179942                                              0.000000                                                                   5.179942                    2413283

 

 Position of previous notification (if applicable)

 

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

 

8A. Voting rights attached to shares

 

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)                                       % of indirect voting rights (DTR5.2.1)

                                                                                                                                    % of direct voting rights (DTR5.1)

 GB0009296665                                 2413283                                                                               5.179942
                                              2413283                                                                               5.179942%

 Sub Total 8.A

 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 

                                                                               Number of voting rights that may be acquired if the instrument is

                            exercised/converted

 Type of financial instrument   Expiration date   Exercise/conversion period                                                                      % of voting rights

 Sub Total 8.B1

 

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 

 Type of financial instrument                                                                                                         % of voting rights

                               Expiration date   Exercise/conversion period   Physical or cash settlement   Number of voting rights

 Sub Total 8.B2

 

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 

                                                                                                                                             % of voting rights through financial instruments if it equals or is higher

                                                                            than the notifiable threshold

                               Name of controlled undertaking   % of voting rights if it equals or is higher than the notifiable threshold                                                                               Total of both if it equals or is higher than the notifiable threshold

 Ultimate controlling person

 Royal

                                                                5.179942                                                                                                                                                 5.179942%
 London
 Asset
 Management
 Ltd

 

10. In case of proxy voting

 

Name of the proxy holder

                      The number and % of voting rights held

 

 

 

                     The date until which the voting rights will be
held

 

 

 

                       11. Additional Information

           Calculated % based on shares outstanding of 46,589,000.

 

                       12. Date of Completion

           27-Mar-2023

 

                       13. Place Of Completion

            London, United Kingdom

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  HOLSFSFIUEDSEIL