TIDMVID
RNS Number : 3945O
Videndum PLC
02 October 2023
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:-
Original % of performance Number of Shares sold Net award
LTIP award condition achieved shares vested for tax and of shares
of shares (including costs at GBP3.095581 (retained
dividend shares) per share by Stephen
Bird)
59,124 plus
13,546 dividend
126,023 46.9% shares 34,276 38,394
-------------------- ------------------ ---------------------- ------------
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:-
Original % of performance Number of Shares sold Net award
LTIP award condition achieved shares vested for tax and of shares
of shares (including costs at GBP3.095581 (retained
dividend shares) per share by Marco Pezzana)
28,140 plus
6,447 dividend
60,000 46.9% shares 24,964 9,623
-------------------- ------------------ ---------------------- -------------------
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:-
Original % of performance Number of Shares sold Net award
LTIP award condition achieved shares vested for tax and of shares
of shares (including costs at GBP3.095581 (retained
dividend shares) per share by Nicola
Dal Toso)
9,380 plus
2,149 dividend
20,000 46.9% shares 8,322 3,207
-------------------- ------------------ ---------------------- -----------
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:-
Original % of performance Number of Shares sold Net award
LTIP award condition achieved shares vested for tax and of shares
of shares (including costs at GBP3.095581 (retained
dividend shares) per share by Marco Vidali)
9,380 plus
2,149 dividend
20,000 46.9% shares 5,401 6,128
-------------------- ------------------ ---------------------- ------------------
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:-
Original % of performance Number of Shares sold Net award
LTIP award condition achieved shares vested for tax and of shares
of shares (including costs at GBP3.095581 (retained
dividend shares) per share by Stephen
Bird)
19,152 plus
4,388 dividend
40,836 46.9% shares 11,103 12,437
-------------------- ------------------ ---------------------- ------------
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
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END
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