REG - Blackbird PLC - Block admission six monthly return

BlackbirdAnnouncement

28/06/2024 17:00

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RNS Number : 4118U  Blackbird PLC  28 June 2024

28 June 2024

 

Blackbird plc

(the "Company")

 

Block admission six monthly return

 

Blackbird plc (AIM: BIRD), the technology licensor, developer and seller of
market-leading cloud native video editing platform, Blackbird, and developer
of the multiplayer video editor in a browser, elevate.io, 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 January 2024 to 30 June 2024

 Number and class of securities not issued under the scheme at the beginning of  6,293,422 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:                 -

 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 and Corporate Broking)

 

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Ⓡ enables multiple
applications, which are used by rights holders, broadcasters, sports and news
video specialists, 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. elevate.io, built using Blackbird core technology, is
the company's new creator SaaS product, a browser based end-to-end content
creation tool aimed at the Creator Economy.

 

www.blackbird.video (http://www.blackbird.video/)
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)
www.youtube.com/c/blackbirdcloud (http://www.youtube.com/c/blackbirdcloud)

www.elevate.io

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