Slaughter and May advised Videndum plc (“Videndum”) on its cashbox placing to raise gross proceeds of c.£8 million and the amendments to Videndum’s existing revolving credit facility to reset covenants until its expiration in August 2026, which were announced on 30 April 2025.
The placing, which represented c.9.9% of Videndum’s existing issued ordinary shares, was conducted by an accelerated book-building process. The proceeds will be used to provide liquidity to Videndum and support the covenant reset.
Slaughter and May worked closely with the Videndum team led by Sean Glithero (Chief Financial Officer) and Jon Bolton (Group Company Secretary).
Corporate
Andrew Jolly
Partner
Richard Hilton
Partner
Callum Morganti
Associate
Iain Meiklejohn
Associate
Helen Footman
Associate
Carys Miller / Trainee
Financing
Jasmine Foxall / Trainee, Sebastian Curtis / Trainee
Pensions
Charles Cameron
Partner
Chloe Gamble
Associate