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The Vitec ( (GB:VID) ) has shared an update.
Videndum plc has announced that The Wellcome Trust Limited has acquired a significant interest in the company, holding 8,507,021 ordinary shares, which represents 8.21% of Videndum’s issued ordinary share capital. This development, in compliance with the Disclosure and Transparency Rules, highlights the growing interest in Videndum’s operations and could potentially impact its market positioning 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 offerings encompass camera supports, video transmission systems, live streaming solutions, smartphone accessories, robotic camera systems, LED lighting, mobile power, 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: -43.42%
Average Trading Volume: 491,390
Technical Sentiment Signal: Strong Buy
Current Market Cap: £77.8M
See more data about VID stock on TipRanks’ Stock Analysis page.