REG - Videndum PLC - Transaction in Own Shares and cancellation

VidendumAnnouncement

06/11/2024 09:00

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RNS Number : 1606L  Videndum PLC  06 November 2024

 

6 November 2024

 

Videndum plc

 

TRANSACTION IN OWN SHARES

 

Videndum plc ("the Company") announces that it has purchased for cancellation
the following number of its ordinary shares of 20p each (the "Ordinary
shares") on the London Stock Exchange as part of its Buyback Programme
announced on 6 November 2024 and which is a small buyback to eliminate new
issue shares tied to a US share plan over which options were exercised during
2024.

 

Ordinary Shares

 Date of purchase:                        5(th) November 2024
 Number of ordinary shares purchased:     7,922
 Lowest price per share (pence):          283.57
 Highest price per share (pence):         283.57
 Weighted average price per day (pence):  283.5700

 

The Company intends to cancel all the purchased Ordinary Shares.

 

Following the cancellation of the repurchased shares, the Company's issued
share capital will be the same as at 1 January 2024 (94,200,741 shares).

 

There are no Ordinary Shares held in Treasury.

 

The above figure of 94,200,741 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.

 

 

 

Enquiries:

 

Jon Bolton

Group Company Secretary

Telephone: 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.

 

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 1,600 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

 

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