BLACKBIRD PLC

Director's Dealing • Aug 1, 2019

National Storage Mechanism | Additional information

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RNS Number : 6211H

Blackbird PLC

01 August 2019

1 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 of the following transactions. On 31 July 2019, Syarifah Aidid, a person closely associated with Ian McDonough, Chief Executive Officer of the Company, purchased 250,000 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 6.74 pence per Ordinary Share. Additionally, on 1 August 2019 Syarifah Aidid purchased a further 44,356 ordinary shares at a price of 7.00 pence per Ordinary Share.

Ian McDonough and his wife Syarifah Aidid, now together hold a total beneficial interest in 3,933,918 Ordinary Shares, equivalent to approximately 1.33 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 and Broker)	Tel: +44 (0)20 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

Syarifah Aidid

2

Reason for the notification

a)

Position/status

A person closely associated with the Chief Executive Officer, Ian McDonough

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)

Date(s)	Price(s)	Volume(s)
31/07/2019 01/08/2019	6.74p 7.00p	250,000 44,356

d)

Aggregated information

- Aggregated volume

- Price

Price	Volume(s)
6.78p	294,356

e)

Date of the transaction

31 July 2019 and 1 August 2019

f)

Place of the transaction

London Stock Exchange, AIM

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