REG - Blackbird PLC - Director/PDMR Shareholding

BlackbirdAnnouncement

17/09/2024 09:00

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RNS Number : 4982E  Blackbird PLC  17 September 2024

17 September 2024

 

Blackbird plc

(the "Company")

 

Director / PDMR Shareholding

 

Blackbird plc (AIM: BIRD), the technology licensor, developer and seller of
the market-leading cloud native video editing platform, Blackbird, and
developer of the online video editor and content creation platform,
elevate.io, has been informed that, on 16 September 2024, Ian McDonough, Chief
Executive Officer, and Stephen White, Chief Operating and Financial Officer,
bought ordinary shares of 0.8 pence each in the Company ("Ordinary Shares"),
as set out in the below table:

 

 Director       No. of Ordinary Shares bought  Price
 Ian McDonough    71,770                       6.95p

                  28,482                       6.98p

                  42,687                       6.9999p
 Stephen White    85,000                       6.85p

 

Following the above purchases, Ian McDonough and his wife, Syarifah Aidid, now
have a total beneficial interest in 10,431,116 Ordinary Shares, equivalent to
approximately 2.70 per cent. of the Company's issued share capital and Stephen
White now has a total beneficial interest in 1,094,828 Ordinary Shares,
equivalent to approximately 0.28 per cent. of the Company's issued share
capital.

The FCA notifications in relation to the above and made in accordance with the
requirements of the UK Market Abuse Regulation are 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, Media and Entertainment and
content creation markets.  Blackbird plc's patented technology allows for
frame accurate navigation, playback, viewing and editing in the cloud and it
has two products.

Blackbird(Ⓡ) a market leading suite of cloud-native computing applications,
is 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.

elevate.io is the company's new browser-based collaborative content creation
platform currently in general release. elevate.io (http://elevate.io/) is
built using Blackbird's core technology and is aimed at professional teams and
the fast growing Creator Economy.

Blackbird plc also licences its core video technology, under its 'Powered by
Blackbird' licensing model, enabling video companies to accelerate their path
to true cloud business models.

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)
                                                                   6.95p       71,770
                                                                   6.98p       28,482

                                                                   6.9999p     42,687
 d)   Aggregated information

      - Aggregated volume                                          N/a - see prices above

      - Price
 e)   Date of the transaction                                      16 September 2024
 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)
 6.95p       71,770
 6.98p       28,482

 6.9999p     42,687

d)

Aggregated information

- Aggregated volume

- Price

 

N/a - see prices above

e)

Date of the transaction

16 September 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 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)
                                                                   6.85p     85,000
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      16 September 2024
 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)
 6.85p     85,000

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

16 September 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

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