REG - Blackbird PLC - Block admission six monthly return

BlackbirdAnnouncement

29/12/2023 09:00

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RNS Number : 5296X  Blackbird PLC  29 December 2023

29 December 2023

 

Blackbird plc

(the "Company")

 

Block admission six monthly return

 

Blackbird plc (AIM: BIRD, OTCQX: BBRDF), the technology licensor, developer
and seller of the market-leading cloud video editing platform, Blackbird
(https://www.blackbird.video/overview/) , announces the following information
in connection with its block admission pursuant to AIM Rule 29 and Schedule
Six of the AIM Rules for Companies:

 

 Name of company:                                                                Blackbird plc

 Name of scheme:                                                                 Blackbird plc Employee Share Option Schemes

 Period of return:                                                               From 1 July 2023 to 31 December 2023

 Number and class of securities not issued under the scheme at the beginning of  7,138,422 ordinary shares of 0.8 pence each in the Company (the "Ordinary
 the period:                                                                     Shares")

 Number of securities issued under the scheme during the period:                 845,000 Ordinary Shares

 Balance under the scheme of securities not yet issued at the end of the         6,293,422 Ordinary Shares
 period:

 Number and class of securities originally admitted and the date of admission:   10,083,422 Ordinary Shares on 3 July 2020

 

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 and Broker)  Tel: +44 (0)20 3328 5656
 Nick Naylor/Piers Shimwell (Corporate Finance)
 Amrit Nahal, Guy McDougall (Equity Sales)

 

About Blackbird plc

 

Blackbird plc operates in the fast-growing SaaS and cloud video market. It has
created Blackbird®, 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® 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 plc is a licensor of its core video technology under its "Powered by
Blackbird" licensing model, enabling video companies to accelerate their path
to true cloud business models. Licensees benefit from power and carbon
reductions, cost and time savings, less hardware and bandwidth requirements
and easy scalability.

 

Blackbird® is a registered trademark of Blackbird plc.

 

Websites
www.blackbird.video (http://www.blackbird.video/)

 

Social media

www.linkedin.com/company/blackbird-cloud
(http://www.linkedin.com/company/blackbird-cloud)
www.twitter.com/blackbirdcloud (http://www.twitter.com/blackbirdcloud)
www.facebook.com/blackbirdplc (http://www.facebook.com/blackbirdplc)

 

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