Videndum PLC Holding(s) in Company

RNS Number : 3800N

Videndum PLC

22 November 2024

 

22 November 2024

 

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 Aberforth Partners LLP has a notifiable interest in the voting rights of 10,492,088 ordinary shares of 20p each in Videndum, representing 11.14% 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.

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/

LEI number: 2138007H5DQ4X8YOCF14

 

 

 

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			Videndum plc
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			Aberforth Partners LLP
City and country of registered office (if applicable)			London, UK
4. Full name of shareholder(s) (if different from 3.)v
Name			Nortrust Nominees Ltd
City and country of registered office (if applicable)			London, UK
5. Date on which the threshold was crossed or reachedvi:			21 November 2024
6. Date on which issuer notified (DD/MM/YYYY):			22 November 2024
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 (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	11.14%	0.00%		11.14%	10,492,088
Position of previous notification (if applicable)	10.29%	0.00%		10.29%

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
		Direct  (DTR5.1)		Indirect  (DTR5.2.1)			Direct  (DTR5.1)		Indirect  (DTR5.2.1)
GB0009296665		NIL		10,492,088			NIL		11.14%
SUBTOTAL 8. A		10,492,088					11.14%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1			N/A			N/A
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2			N/A	N/A

 

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii				X
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 entityxiv (please add additional rows as necessary)
Namexv	% 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 than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A
11. Additional informationxvi
N/A

 

Place of completion	Edinburgh, UK
Date of completion	22 November 2024

 

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