March Covenant Test Waived
March 2025 covenant test waived; future covenants to be reset ahead of FY24 results.
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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.
We employ around 1,500 people across the world in 10 different countries. Videndum plc is listed on the London Stock Exchange, ticker: VID.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.