Director/PDMR Shareholding

RNS Number : 8625R

Videndum PLC

03 March 2023

 

3 March 2023

Videndum plc

Notification of Transactions by Directors and Persons Discharging Managerial Responsibilities (PDMRs)

Videndum plc (the "Company") announces purchases of shares in the Company by Andrea Rigamonti, Group Chief Financial Officer, Marco Pezzana, Group Chief Operating Officer and Chief Executive Officer of Videndum Media Solutions and Teté Soto, independent Non-Executive Director as set out below. In addition, Marco Vidali, Chief Executive Officer of Videndum Creative Solutions and a PDMR, has exercised a Restricted Share Award as set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrea Rigamonti
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Videndum plc
b)	LEI	2138007H5DQ4X8YOCF14
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 20 pence each ("ordinary shares") ISIN: GB0009296665
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £9.85385 3,500
d)	Aggregated information - Aggregated volume - Price	N/A as single transaction
e)	Date of the transaction	1 March 2023
f)	Place of the transaction	London Stock Exchange

Following the above transaction, Andrea Rigamonti's holding is now 5,889 ordinary shares in the Company.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marco Pezzana
2	Reason for the notification
a)	Position/status	Group Chief Operating Officer and CEO of Media Solutions
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Videndum plc
b)	LEI	2138007H5DQ4X8YOCF14
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 20 pence each ("ordinary shares") ISIN: GB0009296665
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £10.26 2,457
d)	Aggregated information - Aggregated volume - Price	N/A as single transaction
e)	Date of the transaction	1 March 2023
f)	Place of the transaction	London Stock Exchange

Following the above transaction, Marco Pezzana's holding is now 101,023 ordinary shares in the Company. This includes 8,186 ordinary shares purchased in the market with funds provided by Marco Pezzana and held by Apex Fund Services, the Trustee used to hold shares in respect of awards made under the 2014 Deferred Bonus Plan.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Teté Soto
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Videndum plc
b)	LEI	2138007H5DQ4X8YOCF14
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 20 pence each ("ordinary shares") ISIN: GB0009296665
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £9.829 1,423
d)	Aggregated information - Aggregated volume - Price	N/A as single transaction
e)	Date of the transaction	1 March 2023
f)	Place of the transaction	London Stock Exchange

Following the above transaction, Teté Soto's holding is now 1,691 ordinary shares in the Company.

Marco Vidali on 1 March 2023 exercised a Restricted Share Plan award given to him on 29 June 2021 as follows:-

R SP Award vested	Dividend shares vested (based on dividends from the award date to the vesting date)	Total Ordinary Shares vested under RSP Award	Ordinary Shares sold to cover taxes	S ale price of ordinary shares to cover taxes	Net Ordinary shares retained
8,000	4 08	8 ,408	2,754	£ 9.79	5,654

The Dividend shares were calculated on the basis of the closing mid market share price on 28 February 2023 of £9.79.

Following the above exercise, Marco Vidali holds 7,133 Ordinary Shares 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 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 1,900 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

 

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