4 May 2020
Blackbird (AIM: BIRD), the developer and seller of the market-leading cloud video editing platform, Blackbird, was informed that Stephen White, Chief Operating and Financial Officer and a person discharging managerial responsibilities, bought 65,000 ordinary shares of 0.8 pence each in the Company (“Ordinary Shares”) at a price of 15.5 pence per Ordinary Share. Stephen White now holds a total beneficial interest in 279,286 Ordinary Shares, equivalent to approximately 0.08 per cent. of the Company’s issued share capital.
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
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 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.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities / person closely associated
Reason for the notification
Chief Operating and Financial Officer
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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
Description of the financial instrument, type of instrument
Ordinary shares of 0.8p each in Blackbird plc
Identification code (ISIN) for Blackbird plc ordinary shares: GB0004740477
Nature of the transaction
Sale of Ordinary Shares
Price(s) and volume(s)
– Aggregated volume
Date of the transaction
4 May 2020
Place of the transaction
London Stock Exchange, XLON