TIDMBIRD

RNS Number : 7854L

Blackbird PLC

15 September 2021

15 September 2021

Blackbird plc (the "Company")

Director / PDMR Shareholding

Blackbird (AIM: BIRD; OTCQX: BBRDF), the developer and seller of the market-leading cloud video editing platform, Blackbird, was informed that, on 13 September 2021, the McDonough Family Trust, of which Ian McDonough, Chief Executive Officer of the Company, is a beneficiary, purchased 230,000 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 34.282 pence per Ordinary Share. The Company was informed that, on 14 September 2021, the McDonough Family Trust purchased a further 349,139 Ordinary Shares at a price of 34.70 pence per Ordinary Share.

Following the above purchase, the McDonough Family now together hold a total beneficial interest in 26,179,016 Ordinary Shares, equivalent to approximately 7.74 per cent. of the Company's issued share capital.

Blackbird was also informed that, on 13 September 2021, Andrew Bentley, Chairman of the Company, bought 58,500 Ordinary Shares at a price of 33.705 pence per Ordinary Share. Andrew Bentley now has a total beneficial interest in 295,154 Ordinary Shares, equivalent to approximately 0.09 per cent. of the Company's issued share capital.

Additionally, Blackbird, was informed that, on 13 September 2021, John Honeycutt, Non-executive Director bought 10,460 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of US$0.478 per Ordinary Share via the OTCQX Best Market. The Company was informed that, on 14 September 2021, John Honeycutt purchased a further 40,000 Ordinary Shares at a price of $0.4811 per Ordinary Share. Following the above purchases, John Honeycutt now has a total beneficial interest in 50,460 Ordinary Shares, equivalent to approximately 0.01 per cent. of the Company's issued share capital.

Enquiries:

 
 Blackbird plc 
 Ian McDonough, Chief Executive Officer 
 Adrian Lambert, Chief Marketing Officer 
  Tel: +44 (0)20 8879 7245 
 
 Allenby Capital Limited (Nominated 
  Adviser and Broker) 
  Nick Naylor/Piers Shimwell (Corporate 
  Finance) 
  Amrit Nahal (Sales and Corporate Broking) 
  Tel: +44 (0)20 3328 5656 
 

About Blackbird plc

Blackbird plc operates in the fast-growing SaaS and cloud video market. It has created Blackbird(R), the world's most advanced suite of cloud-native computing applications for video, all underpinned by its lightning-fast codec. Blackbird plc's patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud. Blackbird(R) enables multiple applications, which are used by rights holders, broadcasters, sports and news video specialists, esports, live events and content owners, post-production houses, other mass market digital video channels and corporations.

Since it is cloud-native, Blackbird(R) removes the need for costly, high-end workstations and can be used from almost anywhere on almost any device. It also allows full visibility on multi-location digital content, improves time to market for live content such as video clips and highlights for digital distribution, and ultimately results in much more effective monetisation.

Blackbird(R) is a registered trademark of Blackbird plc.

Websites

www.blackbird.video

Social media

www.linkedin.com/company/blackbird-cloud

www.twitter.com/blackbirdcloud

www.facebook.com/blackbirdplc

www.youtube.com/c/Blackbirdcloud

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              McDonough Family Trust 
     --------------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                   Person Closely Associated with Ian 
                                         McDonough, Chief Executive Officer 
     --------------------------------  ------------------------------------------ 
 b)   Initial notification /Amendment   Initial notification 
     --------------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                              Blackbird plc 
     --------------------------------  ------------------------------------------ 
 b)   LEI                               2138006DWRVTIAVW3415 
     --------------------------------  ------------------------------------------ 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ---------------------------------------------------------------------------- 
 a)   Description of the financial      Ordinary Shares of 0.8p each 
       instrument, type of instrument    Identification code (ISIN) for Blackbird 
       Identification code               plc ordinary shares: GB0004740477 
     --------------------------------  ------------------------------------------ 
 b)   Nature of the transaction         Purchase of ordinary shares 
     --------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          34.282p    230,000 
                                          34.70p     349,139 
     --------------------------------  ------------------------------------------ 
 d)   Aggregated information            n/a 
       - Aggregated volume 
       - Price 
     --------------------------------  ------------------------------------------ 
 e)   Date of the transaction           13 September 2021 
                                         14 September 2021 
     --------------------------------  ------------------------------------------ 
 f)   Place of the transaction          London Stock Exchange, XLON 
     --------------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Andrew Bentley 
     --------------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                   Chairman 
     --------------------------------  ------------------------------------------ 
 b)   Initial notification /Amendment   Initial notification 
     --------------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                              Blackbird plc 
     --------------------------------  ------------------------------------------ 
 b)   LEI                               2138006DWRVTIAVW3415 
     --------------------------------  ------------------------------------------ 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ---------------------------------------------------------------------------- 
 a)   Description of the financial      Ordinary Shares of 0.8p each 
       instrument, type of instrument 
       Identification code               Identification code (ISIN) for Blackbird 
                                         plc ordinary shares: GB0004740477 
     --------------------------------  ------------------------------------------ 
 b)   Nature of the transaction         Purchase of ordinary shares 
     --------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          33.705p    58,500 
     --------------------------------  ------------------------------------------ 
 d)   Aggregated information            n/a 
       - Aggregated volume 
       - Price 
     --------------------------------  ------------------------------------------ 
 e)   Date of the transaction           13 September 2021 
     --------------------------------  ------------------------------------------ 
 f)   Place of the transaction          London Stock Exchange, XLON 
     --------------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              John Honeycutt 
     --------------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                   Non-Executive Director 
     --------------------------------  ------------------------------------------ 
 b)   Initial notification /Amendment   Initial notification 
     --------------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                              Blackbird plc 
     --------------------------------  ------------------------------------------ 
 b)   LEI                               2138006DWRVTIAVW3415 
     --------------------------------  ------------------------------------------ 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ---------------------------------------------------------------------------- 
 a)   Description of the financial      Ordinary Shares of 0.8p each 
       instrument, type of instrument 
       Identification code               Identification code (ISIN) for Blackbird 
                                         plc ordinary shares: GB0004740477 
     --------------------------------  ------------------------------------------ 
 b)   Nature of the transaction         Purchase of ordinary shares 
     --------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)             Price(s)     Volume(s) 
                                          US$0.478     10,460 
                                          US$0.4811    40,000 
     --------------------------------  ------------------------------------------ 
 d)   Aggregated information            n/a 
       - Aggregated volume 
       - Price 
     --------------------------------  ------------------------------------------ 
 e)   Date of the transaction           13 September 2021 
                                         14 September 2021 
     --------------------------------  ------------------------------------------ 
 f)   Place of the transaction          London Stock Exchange, XLON 
     --------------------------------  ------------------------------------------ 
 

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September 15, 2021 02:00 ET (06:00 GMT)

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