Director/PDMR Shareholding
Videndum PLC has announced the 2026 awards under its Restricted Share Plan to Executive Directors and Persons Discharging Managerial Responsibility. The Chairman received an award of 125,786 ordinary shares, representing 100% of his salary, while the Chief Financial Officer was awarded 201,256 ordinary shares, comprising a normal annual award of 100% of salary and a 100% recruitment award, contingent on a £50,000 investment and retention of shares. These awards will vest after three years, subject to continued employment and the Remuneration Committee's satisfaction with the company's financial performance, aligning with the Company's Remuneration Policy.
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Videndum plc ("the Company") announces that on 24 April 2026 the following awards of ordinary shares of one pence each were made under the Company's RSP to Executive Directors and PDMRs.
| Name | Position | Award of 2026 RSP |
|---|---|---|
| Stephen Harris | Chairman | 125,786 |
| Brian Morgan | Chief Financial Officer | 201,256 |
The award to Stephen Harris represents 100% of salary. Brian Morgan's award represents 200 per cent of salary, comprising a 100 per cent of salary normal annual award (as per that granted to Stephen Harris) and 100 per cent of salary recruitment award. The recruitment award was agreed to secure Brian Morgan's recruitment at his appointment in October 2025 albeit the grant was: (i) delayed given the need to focus on the refinancing of the Company; and (ii) contingent on investing £50,000 of own funds into the equity raise and retaining the resulting shares during the vesting period.
The RSP awards will vest after three years from grant subject to the Director remaining with Videndum until the vesting date and the Remuneration Committee being satisfied that the vesting is fair and reasonable against the Company's underlying financial performance.
There are no other performance conditions tied to the 2026 RSP award, and the award is consistent with the Company's Remuneration Policy.
We employ around 1,200 people across the world in 9 different countries. Videndum plc is listed on the London Stock Exchange, ticker: VID.
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