BLACKBIRD PLC

Director's Dealing • Apr 29, 2020

National Storage Mechanism | Additional information

RNS Number : 2357L

Blackbird PLC

29 April 2020

29 April 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 yesterday Andrew Bentley, Non-Executive Chairman of the Company, sold 71,429 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 13.5p pence per Ordinary Share and then immediately repurchased, into his ISA, 71,429  Ordinary Shares at a price of 13.515 pence per Ordinary Share to facilitate an ISA transfer.

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

Andrew Bentley

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

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

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
13.5p	71,429

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

28 April 2020

f)

Place of the transaction

London Stock Exchange, (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Bentley

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

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)
13.515p	71,429

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

28 April 2020

f)

Place of the transaction

London Stock Exchange, (XLON)

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