REG - Blackbird PLC - Director/PDMR Shareholding

BlackbirdAnnouncement

24/03/2023 07:00

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RNS Number : 0776U  Blackbird PLC  24 March 2023

24 March 2023

 

Blackbird plc

(the "Company")

 

Director / PDMR Shareholding

 

Blackbird plc (AIM: BIRD; OTCQX: BBRDF), the technology licensor, developer
and seller of the market-leading cloud native video editing platform,
Blackbird, was informed that, on 23 March  2023, Stephen White, Chief
Operating and Financial Officer bought 82,739 ordinary shares of 0.8 pence
each in the Company ("Ordinary Shares") at a price of 7.85 pence per Ordinary
Share and 43,688 Ordinary Shares at a price of 8.0 pence per Ordinary Share.
Following the above purchases, Stephen White now has a total beneficial
interest in 543,162 Ordinary Shares, equivalent to approximately 0.15 per
cent. of the Company's issued share capital.

The FCA notification in relation to the above and made in accordance with the
requirements of the UK Market Abuse Regulation is appended further below.

 

Enquiries:

 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 (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, 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.

www.blackbird.vide (http://www.blackbird.video/) o

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 (https://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                                                         Stephen White
 2    Reason for the notification
 a)   Position/status                                              Chief Operating and Financial 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 instrument, type of instrument  Ordinary Shares of 0.8p each

      Identification code

                                                                   GB0004740477
 b)   Nature of the transaction                                    Purchase of ordinary shares

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   7.85p     82,739
                                                                   8.00p     43,688
 d)   Aggregated information

      - Aggregated volume                                          126,427

      - Price                                                      N/a - see prices above
 e)   Date of the transaction                                      23 March 2023
 f)   Place of the transaction                                     London Stock Exchange, XLON

2

Reason for the notification

a)

Position/status

Chief Operating and Financial 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 instrument, type of instrument

Identification code

Ordinary Shares of 0.8p each

 

GB0004740477

b)

Nature of the transaction

Purchase of ordinary shares

 

 

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 7.85p     82,739
 8.00p     43,688

d)

Aggregated information

- Aggregated volume

- Price

 

126,427

N/a - see prices above

e)

Date of the transaction

23 March 2023

f)

Place of the transaction

London Stock Exchange, XLON

 

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