Blackbird PLC Director/PDMR exercise of options (9779N)
October 05 2021 - 2:00AM
UK Regulatory
TIDMBIRD
RNS Number : 9779N
Blackbird PLC
05 October 2021
05 October 2021
Blackbird plc
(the "Company")
Director / PDMR exercise of options
Blackbird (AIM: BIRD; OTCQX: BBRDF), the developer and seller of
the market-leading cloud video editing platform, Blackbird , was
informed that, on 1 October 2021, David Main, a Non-executive
Director, exercised options to acquire 55,000 ordinary shares of
0.8 pence each in the Company (the "New Ordinary Shares") at a
price of 12.75 pence per New Ordinary Share. The options were
granted under one of the Company's share option schemes. Following
the above exercise David Main and his wife now have a total
beneficial interest in 1,162,143 Ordinary Shares, equivalent to
approximately 0.34 per cent. of the Company's issued share
capital.
The New Ordinary Shares rank, pari passu, in all respects with
the Company's existing ordinary shares.
Contacts:
Blackbird plc Tel: +44 (0)20 8879 7245
Ian McDonough, Chief Executive Officer
Stephen White, Chief Operating and Financial
Officer
Allenby Capital Limited (Nominated Adviser Tel: +44 (0)20 3328 5656
and Broker)
Nick Naylor / Piers Shimwell (Corporate
Finance)
Amrit Nahal (Sales and Corporate Broking)
About Blackbird p lc
Blackbird operates in the fast-growing SaaS and cloud video
market, and has created the world's most advanced suite of
cloud-native computing applications for video, all underpinned by
its lightning-fast codec. Blackbird's patented technology allows
for frame accurate navigation, playback, viewing and editing in the
cloud. Blackbird underpins 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 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
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 David Main
-------------------------------- ------------------------------------------
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 granted
under share option scheme
-------------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
12.75p 55,000
-------------------------------- ------------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
-------------------------------- ------------------------------------------
e) Date of the transaction 1 October 2021
-------------------------------- ------------------------------------------
f) Place of the transaction Issue of Shares from exercising
share options
-------------------------------- ------------------------------------------
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END
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