The Vitec ( (GB:VID) ) has shared an update.
Videndum plc has announced that Harwood Capital LLP has acquired a significant stake in the company, holding 3,850,000 ordinary shares, which represents 4.08702% of Videndum’s issued ordinary share capital. This acquisition highlights Harwood Capital’s strategic interest in Videndum, potentially impacting the company’s market positioning and stakeholder dynamics.
More about The Vitec
Videndum plc is a leading global provider of premium branded hardware products and software solutions catering to the content creation market. Its diverse clientele includes broadcasters, film studios, production and rental companies, photographers, independent content creators, gamers, professional musicians, and enterprises. The company’s product portfolio encompasses camera supports, video transmission systems, 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. Videndum employs around 1,500 people across 10 countries and is listed on the London Stock Exchange under the ticker VID.
YTD Price Performance: -45.21%
Average Trading Volume: 498,109
Technical Sentiment Signal: Strong Buy
Current Market Cap: £75.35M
Find detailed analytics on VID stock on TipRanks’ Stock Analysis page.