TIDMBIRD

RNS Number : 1258I

Blackbird PLC

06 August 2019

6 August 2019

Blackbird plc

("Blackbird" or the "Company")

Director/PDMR/PCA Shareholding

Blackbird plc (AIM: BIRD), the developer and seller of cloud video platform technology using its patented Blackbird technology, has been notified that on 5 August 2019, Ian McDonough, Chief Executive Officer of the Company, purchased 90,000 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 7.24 pence per Ordinary Share and purchased a further 92,750 Ordinary Shares at a price of 7.35p.

Ian McDonough and his wife Syarifah Aidid, a person closely associated with Ian McDonough, now together hold a total beneficial interest in 5,394,027 Ordinary Shares, equivalent to approximately 1.83 per cent. of the Company's issued share capital.

Contacts:

 
 
   Blackbird Plc                                Tel: +44 (0)20 
                                                8879 7245 
 Ian McDonough, Chief Executive 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) 
                                            7.24p      90,000 
                                             7.35p      92,750 
                                                      ---------- 
      ---------------------------------  ------------------------------------------ 
 d)    Aggregated information 
   - Aggregated volume                     182,750 
   - Price                                  7.30p 
 --------------------------------------  ------------------------------------------ 
 e)    Date of the transaction            5 August 2019 
      ---------------------------------  ------------------------------------------ 
 f)    Place of the transaction           London Stock Exchange, AIM 
      ---------------------------------  ------------------------------------------

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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August 06, 2019 09:30 ET (13:30 GMT)

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