Videndum Plc Regulatory News (VID)

 

2 October 2023

 

VIDENDUM PLC

 

 

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

 

Videndum plc ("the Company") announces the following share dealings by its Directors and PDMRS:-

 

STEPHEN BIRD - Group Chief Executive Officer

 

Stephen Bird in compliance with a court order on 29 September 2023 transferred for nil-consideration 20,000 Videndum plc ordinary shares to his former spouse.

 

On 29 September 2023, Stephen Bird's 2020 LTIP award matured having achieved 46.9% of the performance conditions. The performance conditions were based on the Company's absolute share price measured from 1 July 2020 to the 28 February 2023 and with a relative Total Shareholder Return target. As a consequence the following maturity was processed:-

 

 

Following the above transactions, Stephen Bird's shareholding in the Company has increased from 197,083 to 235,477 of which 22,745 are shares purchased in the market with funds provided by Stephen Bird and which APEX Fund Services, the Trustee used to hold shares in respect of awards made under Videndum plc's 2014 Deferred Bonus Plan and 2,000 are shares held through a connected person.

 

MARCO PEZZANA - Group Chief Operating Officer and Divisional CEO, Media Solutions

 

On 29 September 2023, Marco Pezzana's 2020 LTIP award matured having achieved 46.9% of the performance conditions. The performance conditions are as described above for Stephen Bird. As a consequence the following maturity was processed:-

 

 

As a consequence, Marco Pezzana's shareholding in the Company has increased to:-

 

114,162 ordinary shares - of which 9,077 are shares purchased in the market with funds provided by Marco Pezzana and which APEX Fund Services, the Trustee used to hold shares in respect of awards made under Videndum plc's 2014 Deferred Bonus Plan.

 

NICOLA DAL TOSO - Divisional CEO, Production Solutions

 

On 29 September 2023, Nicola dal Toso's 2020 LTIP award matured having achieved 46.9% of the performance conditions. The performance conditions are as described above for Stephen Bird. As a consequence the following maturity was processed:-

 

 

As a consequence, Nicola dal Toso's shareholding in the Company has increased to:-

 

18,659 ordinary shares - of which 8,831 are shares purchased in the market with funds provided by Nicola Dal Toso and which APEX Fund Services, the Trustee used to hold shares in respect of awards made under Videndum plc's 2014 Deferred Bonus Plan.

 

MARCO VIDALI - Divisional CEO, Creative Solutions

 

On 29 September 2023, Marco Vidali's 2020 LTIP award matured having achieved 46.9% of the performance conditions. The performance conditions are as described above for Stephen Bird. As a consequence the following maturity was processed:-

 

 

As a consequence, Marco Vidali's shareholding in the Company has increased to:-

 

15,669 ordinary shares - of which 2,408 are shares purchased in the market with funds provided by Marco Vidali and which APEX Fund Services, the Trustee used to hold shares in respect of awards made under Videndum plc's 2014 Deferred Bonus Plan.

 

 

 

 

 

 

JON BOLTON - Group Company Secretary and HR Director

 

On 29 September 2023, Jon Bolton's 2020 LTIP award matured having achieved 46.9% of the performance conditions. The performance conditions are as described above for Stephen Bird. As a consequence the following maturity was processed:-

 

 

As a consequence, Jon Bolton's shareholding in the Company has increased to:-

 

47,234 ordinary shares - of which 3,218 are shares purchased in the market with funds provided by Jon Bolton and which APEX Fund Services, the Trustee used to hold shares in respect of awards made under Videndum plc's 2014 Deferred Bonus Plan.

 

 

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. 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, 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 1,700 people across the world in 11 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