An announcement from The Vitec ( (GB:VID) ) is now available.
Videndum plc has announced that M&G plc now holds a significant interest in its shares, with 6,451,266 ordinary shares representing 6.8484% of Videndum’s issued ordinary share capital. This development, disclosed in accordance with the Transparency Directive, marks an increase from M&G’s previous position and could influence Videndum’s market dynamics and stakeholder interests.
More about The Vitec
Videndum plc is a leading global provider of premium branded hardware products and software solutions catering to the growing content creation market. The company’s diverse clientele includes broadcasters, film studios, production and rental companies, photographers, independent content creators, gamers, professional musicians, and enterprises. Videndum’s product range encompasses camera supports, video transmission systems, live streaming solutions, smartphone accessories, robotic camera systems, LED lighting, and audio capture equipment. The company employs around 1,500 people across 10 countries and is listed on the London Stock Exchange under the ticker VID.
YTD Price Performance: -46.58%
Average Trading Volume: 557,170
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £73.47M
For a thorough assessment of VID stock, go to TipRanks’ Stock Analysis page.