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Blackbird PLC - Replacement: Director/PDMR Shareholding

RNS Number : 8845L
Blackbird PLC
05 May 2020
 

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 4 May 2020 at 10:33 a.m. under RNS No 8113L.

 

Under 4b) of the Director/PDMR Dealing gird, the "Nature of the transaction" has been changed to Purchase of Ordinary Shares. All other details remain unchanged.

 

5 May 2020

 

 

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 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.

 

Enquiries:

 

Blackbird plc

 

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

Nick Naylor


Nicholas Chambers




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.

 

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

Stephen White

2

Reason for the notification

a)

Position/status

Chief Operating and Financial 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 in Blackbird plc

 

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)

15.5p

65,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

4 May 2020

f)

Place of the transaction

London Stock Exchange, XLON

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Blackbird PLC

Price: 19

Market: AIM
Market Cap: £63.86 m
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