Slaughter and May advised Videndum PLC in connection with its cashbox placing and covenant reset of its revolving credit facility

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
Ed Fife Partner
Tim Newey Partner
Oliver Smith Associate
Zamir Golestani Associate

Jasmine Foxall / Trainee, Sebastian Curtis / Trainee

Pensions
Charles Cameron Partner
Chloe Gamble Associate