REG - Videndum PLC - Director/PDMR Shareholding

VidendumAnnouncement

16/05/2024 17:15

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RNS Number : 7989O  Videndum PLC  16 May 2024

 

16 May 2024

 

 

VIDENDUM PLC

 

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

 

Deferred Bonus Plan - Vesting of 2021 Awards

 

Videndum plc ("the Company") announces that the following transactions were
undertaken by Directors and PDMRs in the ordinary shares of the Company on 15
May 2024 in connection with the maturity of the 2021 Deferred Bonus Plan
("DBP"). In summary, for the 2021 DBP, each Director or PDMR deferred a
proportion of their 2020 annual cash bonus into the DBP. The deferred bonus
was used to purchase shares in the Company at a price of £13.94 per share
("DBP award shares") that were held in the Employee Trust for a three-year
deferral period. No performance conditions are attached to the DBP award
shares and dividends paid during the deferral period on the DBP award shares
have been automatically reinvested in additional dividend shares. There are no
matching award shares that can be earned on the DBP award shares.

 

Stephen Bird, Group Chief Executive

 

 Transaction                                                            Date of transfer  Total shares vested including dividend shares  Number of shares retained  Price per share at which associated dividend shares were acquired  Current shareholding following 2021 DBP vesting*              % of 2024 salary held for Executive Directors**

                                                                                                                                                                                                                                       (Number in brackets denotes DBP shares still held in trust)

 Transfer of DBP award shares (including  associated dividend shares)   15 May 2024       3,257 (of which 2,537 were DBP award shares)   3,257                      £2.80                                                              329,829 (20,208)                                              180%

 

 

Marco Pezzana, PDMR

 

 Transaction                                                          Date of transfer  Total shares vested including dividend shares  Number of shares retained  Price per share at which associated dividend shares were acquired  Current shareholding following 2021 DBP vesting*

                                                                                                                                                                                                                                     (Number in brackets denotes DBP shares still held in trust)

 Transfer of DBP award shares (including associated dividend shares)  15 May 2024       1,328 (of which 1,034 were DBP award shares)   1,328                      £2.80                                                              151,909

                                                                                                                                                                                                                                     (8,043)

 

 

 

Jon Bolton, PDMR

 

 Transaction                                                          Date of transfer  Total shares vested including dividend shares  Number of shares retained  Price per share at which associated dividend shares were acquired  Current shareholding following 2021 DBP vesting*

                                                                                                                                                                                                                                     (Number in brackets denotes DBP shares still held in trust)

 Transfer of DBP award shares (including associated dividend shares)  15 May 2024       425 (of which 331 were DBP award shares)       425                        £2.80                                                              51,822

                                                                                                                                                                                                                                     (2,887)

 

 

* Stephen Bird's current shareholding also reflects 2,000 shares held through
a connected person.

 

** Based on closing mid-market share price on 13 May 2024.

 

As a consequence of the above transactions, each Executive Director and PDMR
has increased their shareholding in the Company.

 

Enquiries:

 

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 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 ("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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