Blackbird PLC Director/PDMR Shareholding (9397H)
05 Agosto 2019 - 8:30AM
UK Regulatory
TIDMBIRD
RNS Number : 9397H
Blackbird PLC
05 August 2019
5 August 2019
Blackbird plc
("Blackbird" or the "Company")
Director/PDMR Shareholding
Blackbird plc (AIM: BIRD), the developer and seller of cloud
video platform technology using its patented Blackbird technology,
has been notified that on 2 August 2019, the Huyton Asphalt SASS
Pension Fund (the "Pension Fund"), of which Ian McDonough, Chief
Executive Officer of the Company, is both a trustee and a
beneficiary, purchased 7,650,000 ordinary shares of 0.8 pence each
in the Company ("Ordinary Shares") at a price of 7.10 pence per
Ordinary Share from Neil McDonough, the brother of Ian
McDonough.
As a result, Ian McDonough and his wife Syarifah Aidid, are
together now deemed to hold a total beneficial interest in
5,211,277 Ordinary Shares, equivalent to approximately 1.76 per
cent. of the Company's issued share capital.
Together, the McDonough family's beneficial interest in the
Ordinary Shares of the Company is unchanged and comprises
16,933,918 Ordinary Shares, equivalent to 5.73 per cent. of the
Company's ordinary share capital.
Contacts:
Blackbird Plc Tel: +44 (0)20
8879 7245
Ian McDonough, Chief Executive Officer
Stephen White, Chief Financial and Operating
Officer
Adrian Lambert, Marketing Director
Allenby Capital Limited (Nominated Adviser Tel: +44 (0)20
and Broker) 3328 5656
Nick Naylor
Nicholas Chambers
About Blackbird plc
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(R) 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 Ordinary shares of 0.8p each in
instrument, type of instrument Blackbird plc
Identification code
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)
7.10p 1,277,358
----------
-------------------------------- ------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------------- ------------------------------------------
e) Date of the transaction 2 August 2019
-------------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
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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 rns@lseg.com or visit www.rns.com.
END
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