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Blackbird PLC

Blackbird PLC - Block admission six monthly return

RNS Number : 2197J
Blackbird PLC
31 December 2020
 

31 December 2020

 

Blackbird plc

(the "Company")

 

Block admission six monthly return

 

Blackbird (AIM: BIRD), the developer and seller of the market-leading cloud video editing platform,  Blackbird, announces the following information in connection with its block admission pursuant to AIM Rule 29 and Schedule Six of the AIM Rules for Companies:

 

Name of company:

 

Blackbird plc

Name of scheme:

 

Blackbird plc Employee Share Option Schemes

Period of return:

 

From 3 July 2020 to 31 December 2020

Number and class of securities not issued under the scheme at the beginning of the period:

10,083,422 ordinary shares of 0.8 pence each in the Company (the "Ordinary Shares")

 

Number of securities issued under the scheme during the period:

 

940,000 Ordinary Shares

 

Balance under the scheme of securities not yet issued at the end of the period:

 

9,143,422 Ordinary Shares

Number and class of securities originally admitted and the date of admission:

 

10,083,422 Ordinary Shares on 3 July 2020

 

 

Contacts:

 

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 / Asha Chotai (Corporate Finance)

 

Amrit Nahal (Equity Sales)

 

 

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  

 

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