Picture of Videndum logo

VID Videndum News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologySpeculativeSmall CapValue Trap

REG - Videndum PLC - Holding(s) in Company

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231211:nRSK3677Wa&default-theme=true

RNS Number : 3677W  Videndum PLC  11 December 2023

11 December 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 8,320,060 ordinary shares of 20p each in
Videndum, representing 8.832230% 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 content creation accessory industry. 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, professional
musicians, governments and enterprises. Our product portfolio includes camera
supports (tripods and heads), 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 1,700 people across the world in 10 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

 Name                                   City of registered office  Country of registered office
 HSBC Global Custody Nominees (UK) Ltd  London                     United Kingdom

5. Date on which the threshold was crossed or reached

08-Dec-2023

6. Date on which Issuer notified

11-Dec-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 of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  8.832230                                              0.000000                                                                   8.832230                        8320060
 Position of previous notification (if applicable)                          13.685240                                             0.000000                                                                   13.685240

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 direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB0009296665                                 8320060                                                                               8.832230
 Sub Total 8.A                                8320060                                                                               8.832230%

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

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

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

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % 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)

 Ultimate controlling person        Name of controlled undertaking  % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                than the notifiable threshold
 Royal London Asset Management Ltd                                  13.685240                                                                                                                                               13.685240%
 Royal London Asset Management Ltd                                  8.832230                                                                                                                                                8.832230%

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 94,200,741

12. Date of Completion

11-Dec-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  HOLFFLFEFEDSEEE

Recent news on Videndum

See all news