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*
(Number in brackets denotes DBP shares still held in
trust)
|
% of
2024 salary held for Executive Directors**
|
|
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/
LEI number:
2138007H5DQ4X8YOCF14