REG - Blackbird PLC - Director/PDMR Shareholding
06/09/2023 09:00
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RNS Number : 5548L Blackbird PLC 06 September 2023
6 September 2023
Blackbird plc
(the "Company")
Director/PDMR dealing
Blackbird plc (AIM: BIRD; OTCQX: BBRDF), the technology licensor, developer
and seller of the market-leading cloud native video editing platform,
Blackbird, was informed yesterday that, on 5 September 2023, Ian McDonough
(Chief Executive Officer), Syarifah Aidid (a person closely associated with
Ian McDonough) and Stephen Streater (R&D Director) all bought ordinary
shares of 0.8 pence each in the Company (the "Ordinary Shares"), as set out in
the table below:
Director/PDMR Number of Ordinary Shares bought Price paid per Ordinary Share
Ian McDonough 225,000 8.7p
Syarifah Aidid 62,389 7.995p
63,380 7.87p
56,754 8.7888p
56,754 8.7888p
Stephen Streater 125,000 8.5p
Following the above purchases, Ian McDonough and his wife, Syarifah Aidid, now
have a total beneficial interest in 10,029,656 Ordinary Shares, equivalent to
approximately 2.72 per cent. of the Company's issued share capital and Stephen
Streater now has a total beneficial interest in 62,785,000 Ordinary Shares,
equivalent to approximately 17.05 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 Ian McDonough
2 Reason for the notification
a) Position/status 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 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)
8.7p 225,000
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 5 September 2023
f) Place of the transaction London Stock Exchange, XLON
2
Reason for the notification
a)
Position/status
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 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)
8.7p 225,000
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
5 September 2023
f)
Place of the transaction
London Stock Exchange, XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Syarifah Aidid
2 Reason for the notification
a) Position/status A person closely associated with the Chief Executive Officer, Ian McDonough
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)
7.995p 62,389
7.87p 63,380
7.888p 56,754
7.888p 56,754
d) Aggregated information
- Aggregated volume 239,277
- Price N/a - see prices above
e) Date of the transaction 5 September 2023
f) Place of the transaction London Stock Exchange, XLON
2
Reason for the notification
a)
Position/status
A person closely associated with the Chief Executive Officer, Ian McDonough
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)
7.995p 62,389
7.87p 63,380
7.888p 56,754
7.888p 56,754
d)
Aggregated information
- Aggregated volume
- Price
239,277
N/a - see prices above
e)
Date of the transaction
5 September 2023
f)
Place of the transaction
London Stock Exchange, XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stephen Streater
2 Reason for the notification
a) Position/status R&D 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 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)
8.5p 125,000
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 5 September 2023
f) Place of the transaction London Stock Exchange, XLON
2
Reason for the notification
a)
Position/status
R&D 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 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)
8.5p 125,000
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
5 September 2023
f)
Place of the transaction
London Stock Exchange, XLON
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