VID.GB Videndum Plc

TIDMVID

RNS Number : 3677W

Videndum PLC

11 December 2023

11 December 2023

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 Royal London Asset Management has a notifiable interest in the voting rights of 8,320,060 ordinary shares of 20p each in Videndum, representing 8.832230% 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 content creation accessory industry. 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, professional musicians, governments and enterprises. Our product portfolio includes camera supports (tripods and heads), 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 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

1. Issuer Details

ISIN

GB0009296665

Issuer Name

VIDENDUM PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Royal London Asset Management

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

 
  Name                                      City of registered office    Country of registered office 
   HSBC Global Custody Nominees (UK) Ltd     London                       United Kingdom 
                                          ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

08-Dec-2023

6. Date on which Issuer notified

11-Dec-2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                8.832230                0.000000                8.832230                8320060 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            13.685240               0.000000                13.685240 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB0009296665               8320060                                         8.832230 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              8320060                                         8.832230% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. 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 entities (please add additional rows as necessary)

 
Ultimate controlling     Name of controlled       % of voting rights if  % of voting rights     Total of both if it 
person                   undertaking              it equals or is        through financial      equals or is higher 
                                                  higher than the        instruments if it      than the notifiable 
                                                  notifiable threshold   equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
   Royal London Asset Management Ltd                 13.685240                                     13.685240% 
                                                  =====================  =====================  ====================== 
   Royal London Asset Management Ltd                 8.832230                                      8.832230% 
                                                  =====================  =====================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Calculated % based on shares outstanding of 94,200,741

12. Date of Completion

11-Dec-2023

13. Place Of Completion

London, United Kingdom

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December 11, 2023 07:27 ET (12:27 GMT)