TIDMBIRD

RNS Number : 1281C

Blackbird PLC

15 October 2020

15 October 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 28,047 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 17.8 pence per Ordinary Share. Stephen White now has a total beneficial interest in 307,333 Ordinary Shares, equivalent to approximately 0.09 per cent. of the Company's issued share capital.

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     Tel: +44 (0)20 3328 5656 
  and Broker) 
 Nick Naylor / Asha Chotai (Corporate 
  Finance) 
 Amrit Nahal (Equity Sales)

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(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                               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      Ordinary Shares of 0.8p each 
       instrument, type of instrument 
       Identification code 
     --------------------------------  -------------------------------------- 
 b)   Nature of the transaction         Purchase of ordinary shares 
     --------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          17.8p      28,047 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information            n/a 
       - Aggregated volume 
       - Price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           14 October 2020 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          London Stock Exchange, XLON 
     --------------------------------  --------------------------------------

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END

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October 15, 2020 02:00 ET (06:00 GMT)

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