Director/PDMR Shareholding

RNS Number : 7854L

Blackbird PLC

15 September 2021

 

15 September 2021

Blackbird plc (the "Company")

Director / PDMR Shareholding

Blackbird (AIM: BIRD; OTCQX: BBRDF), the developer and seller of the market-leading cloud video editing platform, Blackbird, was informed that, on 13 September 2021, the McDonough Family Trust, of which Ian McDonough, Chief Executive Officer of the Company, is a beneficiary, purchased 230,000 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 34.282 pence per Ordinary Share. The Company was informed that, on 14 September 2021, the McDonough Family Trust purchased a further 349,139 Ordinary Shares at a price of 34.70 pence per Ordinary Share.

Following the above purchase, the McDonough Family now together hold a total beneficial interest in 26,179,016 Ordinary Shares, equivalent to approximately 7.74 per cent. of the Company's issued share capital. 

Blackbird was also informed that, on 13 September 2021, Andrew Bentley, Chairman of the Company, bought 58,500 Ordinary Shares at a price of 33.705 pence per Ordinary Share.  Andrew Bentley now has a total beneficial interest in 295,154 Ordinary Shares, equivalent to approximately 0.09 per cent. of the Company's issued share capital. 

Additionally, Blackbird, was informed that, on 13 September 2021, John Honeycutt, Non-executive Director bought 10,460 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of US$0.478 per Ordinary Share via the OTCQX Best Market. The Company was informed that, on 14 September 2021, John Honeycutt purchased a further 40,000 Ordinary Shares at a price of $0.4811 per Ordinary Share. Following the above purchases, John Honeycutt now has a total beneficial interest in 50,460 Ordinary Shares, equivalent to approximately 0.01 per cent. of the Company's issued share capital.

Enquiries:

Blackbird plc

Ian McDonough, Chief Executive Officer

Adrian Lambert, Chief Marketing Officer Tel: [phone]

Allenby Capital Limited (Nominated Adviser and Broker) Nick Naylor/Piers Shimwell (Corporate Finance) Amrit Nahal (Sales and Corporate Broking) Tel: [phone]

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® 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  

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	McDonough Family Trust
2	Reason for the notification
a)	Position/status	Person Closely Associated with Ian McDonough, 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 Identification code (ISIN) for Blackbird plc ordinary shares: GB0004740477
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 34.282p 230,000 34.70p 349,139
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	13 September 2021 14 September 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 Identification code (ISIN) for Blackbird plc ordinary shares: GB0004740477
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 33.705p 58,500
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	13 September 2021
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Honeycutt
2	Reason for the notification
a)	Position/status	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 Identification code	Ordinary Shares of 0.8p each Identification code (ISIN) for Blackbird plc ordinary shares: GB0004740477
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) US$0.478 10,460 US$0.4811 40,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	13 September 2021 14 September 2021
f)	Place of the transaction	London Stock Exchange, XLON

 

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