Director's Dealing • Dec 19, 2019
Director's Dealing
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RNS Number : 4059X
Blackbird PLC
19 December 2019
19 December 2019
Blackbird plc
("Blackbird" or the "Company")
Grant of Share Options
Blackbird plc (AIM: BIRD), developer and seller of market-leading cloud video platform Blackbird, announces that on 19 December 2019 options over the Company's ordinary shares of 0.8 pence were granted to the directors listed below as part of an employee-wide share option grant over 4,600,000 unissued Ordinary Shares:
| Name | Title | Number of Options | Exercise Price | Number of Options Post Grant | |
| Ian McDonough | Chief Executive Officer | 1,250,000 | 16.00p | 5,130,000 | |
| Stephen Streater | R&D Director | 340,000 | 16.00p | 1,370,000 | |
| Stephen White | Chief Operating and Financial Officer | 500,000 | 16.00p | 1,000,000 | |
| Andrew Bentley | Non-Executive Chairman | 120,000 | 16.00p | 760,000 | |
| Dawn Airey | Non-Executive Director | 160,000 | 16.00p | 410,000 | |
| David Main | Non-Executive Director | 60,000 | 16.00p | 1,685,000 |
The options were granted under the Company's EMI share option scheme.
Following the above grant there are a total of 10,355,000 incentive share options granted over unissued Ordinary Shares granted to Directors and PDMRs, representing 3.19% of the Company's current Ordinary share capital of 324,623,725 Ordinary Shares.
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 | |
| Nicholas Chambers | |
About Blackbird plc
Blackbird plc (AIM: BIRD, www.blackbird.video) floated in February 2000.
Blackbird develops, markets and licenses a powerful cloud video platform using its patented Blackbird technology. The technology 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.
The Blackbird technology allows full visibility of multi-location digital content, improves time to market for live content such as video clips and highlights for social media distribution, and 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
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 instrument, type of instrument
Identification code
Ordinary Shares of 0.8p
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 16.00p | 1,250,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
19 December 2019
f)
Place of the transaction
Outside of a trading venue - grant of options
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Stephen Streater
2
Reason for the notification
a)
Position/status
R&D Director
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
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 16.00p | 340,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
19 December 2019
f)
Place of the transaction
Outside of a trading venue - grant of options
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 instrument, type of instrument
Identification code
Ordinary Shares of 0.8p
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 16.00p | 500,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
19 December 2019
f)
Place of the transaction
Outside of a trading venue - grant of options
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
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 16.00p | 120,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
19 December 2019
f)
Place of the transaction
Outside of a trading venue - grant of options
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dawn Airey
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 16.00p | 160,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
19 December 2019
f)
Place of the transaction
Outside of a trading venue - grant of options
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Main
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 16.00p | 60,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
19 December 2019
f)
Place of the transaction
Outside of a trading venue - grant of options
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 [email protected] or visit www.rns.com.
END
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