UK's Videndum hits record low on refinancing package

Videndum

23/12/2025 11:48

** Shares of household electronics maker Videndum VIDV.L tank as much as 58% to a record low 13.05p

** Stock top pct loser across the London bourse

** Co announces refinancing package comprising a 70 million pounds ($94.56 million) equity raise

** Refinancing also includes restructuring remaining revolving credit facility into two tranches, adding a new three-year Super Senior Facility

** As of last close, stock down ~90% this year

($1 = 0.7402 pounds)

 (Reporting by Tuhina in Bengaluru)

 ((tuhina@thomsonreuters.com))