VIDENDUM PLC

AGM Information • May 17, 2022

National Storage Mechanism | Additional information

RNS Number : 8037L

Vitec Group PLC (The)

17 May 2022

17 May 2022

The Vitec Group plc

(to be renamed Videndum plc)

Result of 2022 Annual General Meeting

and Change of Name

The Vitec Group plc (the "Company") announces that at the Annual General Meeting held today all resolutions as set out in the Notice of Annual General Meeting ("AGM") dated 23 March 2022 were passed. A poll was conducted on each resolution proposed at the Meeting and the number of votes for and against each of the resolutions, and the number of votes withheld, were as follows:

		FOR		AGAINST		WITHHELD
	Resolution	Votes cast	%	Votes cast	%	Votes cast
1	To receive and adopt the Annual Report and Accounts for the year ended 31 December 2021	38,718,329	100.00	1,000	0.00	13,705
2	To approve the Directors' Remuneration Report, other than the Directors' Remuneration Policy Report, for the year ended 31 December 2021	38,653,371	99.79	79,663	0.21	0
3	To declare a final dividend of 24p per ordinary share	38,732,034	100.00	1,000	0.00	0
4	To reappoint Ian McHoul as a Director	38,300,532	98.89	431,329	1.11	1,173
5	To reappoint Stephen Bird as a Director	38,484,923	99.36	246,938	0.64	1,173
6	To reappoint Martin Green as a Director	38,719,429	99.97	12,432	0.03	1,173
7	To reappoint Christopher Humphrey as a Director	38,567,257	99.58	164,604	0.42	1,173
8	To reappoint Caroline Thomson as a Director	38,573,088	99.59	159,007	0.41	939
9	To reappoint Richard Tyson as a Director	38,568,994	99.58	162,867	0.42	1,173
10	To reappoint Erika Schraner as a Director	38,706,541	99.93	25,320	0.07	1,173
11	To reappoint Deloitte LLP as auditor of the Company	38,717,150	99.96	15,412	0.04	472
12	To authorise Directors to determine the remuneration of the auditor	38,723,977	99.99	5,382	0.01	3,675
13	To change the Company name to Videndum plc**	38,707,104	99.95	17,882	0.05	8,048
14	To renew the authority for Directors to allot relevant securities	38,711,702	99.96	14,879	0.04	6,453
15	To authorise Directors to allot relevant securities with the disapplication of pre-emption rights**	37,399,505	99.95	20,424	0.05	1,313,105
16	To renew the authority for the Company to make market purchases of its own shares**	37,315,991	99.97	12,264	0.03	1,404,779
17	To authorise Directors to call general meetings on 14 days' notice**	37,350,924	96.43	1,382,110	3.57	0

** denotes a special resolution

The number of shares in issue as at the date of the 2022 Annual General Meeting is 46,387,062 including the 133,600 shares held in treasury.

In accordance with LR 9.6.2 a copy of the resolutions passed under special business at today's Annual General Meeting will be submitted to the National Storage Mechanism.

As previously announced, following the conclusion of the AGM, Duncan Penny ceased to be a director of the Company.  

Change of Name and Website

Further to previous announcements and following shareholder approval at the Company's AGM, the expected date for the Company's change of name becoming effective with the Registrar of Companies is Monday, 23 May 2022, and the Company will issue a further announcement to confirm when this has taken place.

Accordingly, it is expected that the Company's change of name and change of Tradable Instrument Display Mnemonic ("TIDM") from VTC to VID will become effective on the Official List of the FCA and the Main Market of the London Stock Exchange on 24 May 2022. Videndum plc shares will continue to be traded on the Main Market of the London Stock Exchange.

The Company's corporate website address is also expected to change to www.videndum.com with effect from 23 May 2022.

Shareholdings are unaffected by the name change, and existing share certificates should be retained, as they will remain valid for all purposes. Any new share certificates issued after 23 May 2022 will bear the name Videndum plc.

Jon Bolton

Group Company Secretary

020 8332 4600 

A snapshot of The Vitec Group plc

Vitec is a leading global provider of premium branded hardware products and software solutions to the growing content creation market.

Vitec's customers include broadcasters, film studios, production and rental companies, photographers/videographers, independent content creators, vloggers/influencers, 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, bags and backgrounds, and motion control, audio capture and noise reduction equipment.

We employ around 2,000 people across the world in 11 different countries and are organised in three Divisions: Imaging Solutions, Production Solutions and Creative Solutions.

The Vitec Group plc is listed on the London Stock Exchange.

More information can be found at: www.vitecgroup.com

LEI number: 2138007H5DQ4X8YOCF14

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