Videndum PLC Transaction in Own Shares and cancellation

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:	5th 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: [phone]

 

 

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

 

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