Director/PDMR/PCA Shareholding

RNS Number : 1012T

Blackbird PLC

23 March 2021

 

23 March 2021

Blackbird plc

(the "Company")

Director / PDMR Shareholding

Blackbird (AIM: BIRD), the developer and seller of the market-leading cloud video editing platform,  Blackbird , was informed that, on 22 March 2021, Ian McDonough, Chief Executive Officer, and Syarifah Aidid, a person closely associated with Ian McDonough, each  bought 100,000 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 25.365 pence per Ordinary Share. Following the above purchases, Ian McDonough and his wife, Syarifah Aidid, now have a total beneficial interest in 8,130,236 Ordinary Shares, equivalent to approximately 2.41 per cent. of the Company's issued share capital. 

Additionally, Blackbird was informed that, on 22 March 2021, Andrew Bentley, Chairman of the Company, bought 78,500 Ordinary Shares at a price of 25.35 pence per Ordinary Share.  Andrew Bentley now has a total beneficial interest in 179,929 Ordinary Shares, equivalent to approximately 0.05 per cent. of the Company's issued share capital. 

Contacts:

Blackbird plc	Tel: [phone]
Ian McDonough, Chief Executive Officer
Stephen White, Chief Operating and Financial Officer
Allenby Capital Limited (Nominated Adviser and Broker)	Tel: [phone]
Nick Naylor / Asha Chotai (Corporate Finance)
Amrit Nahal (Sales and Corporate Broking)

About Blackbird p lc

Blackbird operates in the fast-growing SaaS and cloud video market, and has created the world's most advanced suite of cloud-native computing applications for video, all underpinned by its lightning-fast codec. Blackbird's patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud. Blackbird underpins 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 social media distribution, and ultimately results in much more effective monetisation.

Blackbird® is a registered trademark of Blackbird plc.

Websites
www.blackbird.video

Social media

www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.facebook.com/blackbirdplc  

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 Identification code	Ordinary Shares of 0.8p each
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 25.365p 100,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	22 March 2021
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 Identification code	Ordinary Shares of 0.8p each
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 25.365p 100,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	22 March 2021
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Bentley
2	Reason for the notification
a)	Position/status	Chairman
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
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 25.35p 78,500
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	22 March 2021
f)	Place of the transaction	London Stock Exchange, XLON

 

END

 

 

DSHSEMFAEEFSEDD