Travers Smith LLP has advised Investec Bank plc as Sponsor, Global Co-ordinator and Sole Bookrunner to Videndum plc on its £85m oversubscribed equity raise.
The fundraise was upsized from £70m to £85m, driven by strong demand from institutional investors, and was conducted by way of a firm placing of 30,186,315 shares at a placing price of 270p per share (post share consolidation), in conjunction with a placing of 1,295,167 shares together with an open offer to qualifying shareholders of up to 1,295,167 shares.
Alongside the equity raise, lenders are contributing meaningfully through debt reduction and a reset of the firm’s existing funding package, leaving Videndum with a more sustainable capital structure to support its operations.
Videndum is a leading global provider of premium branded hardware products and software solutions to the content creation market. Videndum's customers include broadcasters, film studios, production and rental companies, photographers, independent content creators ("ICCs"), professional musicians and enterprises.
Travers Smith are delighted to have supported Investec and Videndum on another equity fundraise, having acted for Investec on Videndum's fundraise in April 2025.
The Travers Smith team was led by our Corporate Partner Tom Coulter, supported by US Securities Partner Brent Sanders, Senior Associate Jamie Durward and Associate Omar Farraj.
