
31 March 2025
Videndum plc
March covenant test waived; Future covenants to be reset
Videndum plc (the "Company") confirms that the March 2025 covenant test has been waived, and the Company expects to reset all future covenant tests ahead of announcing its results for FY24 at the end of April 2025.
The work required to refinance the Revolving Credit Facility, set to expire in August 2026, continues and our lending banks remain supportive of the Company.
Enquiries
FTI Consulting
Richard Mountain / Ben Fletcher
Telephone: 020 3272 1340
Videndum
Stephen Harris
Group Executive Chairman
Telephone: 020 8332 4602
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.
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 1,500 people across the world in 10 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
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.