REG - Blackbird PLC - Grant of share options

BlackbirdAnnouncement

Tue 07:00

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RNS Number : 8770U  Blackbird PLC  12 August 2025

12 August 2025

 

Blackbird plc

(the "Company")

 

Grant of share options

 

Blackbird plc (AIM:BIRD), the technology licensor, developer and seller of
both the market-leading cloud native video editing platform, Blackbird, and
the multiplayer editor in a browser, elevate.io, announces that 2,960,000
options were granted over the Company's ordinary shares of 0.8 pence (the
"Ordinary Shares") as part of an employee-wide share option grant under the
Company's EMI share option scheme (the "Scheme"). 1,150,000 options were
granted to the following directors:

 

 Name              Title                                  Number of options granted  Exercise price  Number of options held post grant

 Ian McDonough     Executive Chair                        450,000                    2.8167p         6,480,000
 Stephen Streater  R&D Director                           300,000                    2.8167p         2,670,000
 Stephen White     Chief Operating and Financial Officer  300,000                    2.8167p         2,650,000
 Nick Lisher       Non-Executive Director                 50,000                     2.8167p         300,000
 Youri Hazanov     Non-Executive Director                 50,000                     2.8167p         300,000

 

Under the Scheme the options are subject to certain performance conditions and
the exercise price has been calculated based upon the average closing price of
the Company's shares for the last three days. Pursuant to the Scheme, the
options vest three years following the date of grant and will then be
exercisable for seven years once vested.

 

Following the above grant, there are a total of 27,795,000 options outstanding
over unissued Ordinary Shares representing 6.07% of the Company's current
ordinary share capital of 458,049,306 Ordinary Shares, which includes a total
of 12,400,000 options outstanding over unissued Ordinary Shares relating to
Directors and PDMRs representing 2.71% of the Company's current ordinary share
capital.

 

The FCA notification, made in accordance with the requirements of the UK
Market Abuse Regulation is appended further below.

 

 

Contacts:

 

Blackbird plc
 
            Tel: +44 (0)20 8879 7245

Ian McDonough, Executive Chair

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, 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 online 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.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 (http://www.elevate.io)

 

 

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                                                         1.   Ian McDonough

                                                                  2.   Stephen Streater

                                                                  3.   Stephen White

                                                                  4.   Nick Lisher

                                                                  5.   Youri Hazanov
 2.  Reason for the Notification
 a)  Position/status                                              1.   Executive Chair

                                                                  2.   R&D Director

                                                                  3.   Chief Operating and Financial Officer

                                                                  4.   Non-Executive Director

                                                                  5.   Non-Executive 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  Grant of options over ordinary shares of 0.8p each

     Identification code                                          ISIN:  GB0004740477
 b)  Nature of the transaction                                    Grant of share options
 c)  Price(s) and volume(s)                                       Price(s)         Volume(s)
                                                                  1.   2.8167p     1.   450,000

                                                                  2.   2.8167p     2.   300,000

                                                                  3.   2.8167p     3.   300,000

                                                                  4.   2.8167p     4.    50,000

                                                                  5.   2.8167p     5.    50,000
 d)  Aggregated information:                                      n/a (single transactions)

     -Aggregated volume

     -Price
 e)  Date of the transaction                                      11 August 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

-Aggregated volume

-Price

n/a (single transactions)

e)

Date of the transaction

11 August 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

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