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The Vitec ( (GB:VID) ) has provided an update.
Videndum plc has announced a change in the ownership of its shares, with Harwood Capital LLP now holding a notifiable interest in 3,850,000 ordinary shares, representing 3.7157% of Videndum’s issued ordinary share capital. This announcement is in compliance with the Transparency Directive and reflects a shift in the voting rights structure, potentially impacting the company’s stakeholder dynamics and market perception.
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 serves a diverse clientele including broadcasters, film studios, production and rental companies, photographers, independent content creators, gamers, professional musicians, and enterprises. Videndum’s extensive 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. The company employs around 1,500 people across 10 different countries and is listed on the London Stock Exchange under the ticker VID.
YTD Price Performance: -43.42%
Average Trading Volume: 491,390
Technical Sentiment Signal: Strong Buy
Current Market Cap: £77.8M
For an in-depth examination of VID stock, go to TipRanks’ Stock Analysis page.