Director/PDMR Shareholding

RNS Number : 9775W

Blackbird PLC

29 April 2021

 

29 April 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 28 April 2021, Ian McDonough, Chief Executive Officer bought 528,000 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 29.49914 pence per Ordinary Share. Following the above purchases, Ian McDonough and his wife, Syarifah Aidid, now have a total beneficial interest in 8,958,236 Ordinary Shares, equivalent to approximately 2.65 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 (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) 29.49914p 528,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	28 April 2021
f)	Place of the transaction	London Stock Exchange, XLON

 

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