10th July, London – Blackbird plc (AIM: BIRD), the developer and seller of cloud video platform technology using its patented Blackbird technology, has been notified that on 9 July 2019, Ian McDonough, Chief Executive Officer of the Company, purchased 100,000 ordinary shares of 0.8 pence each in the Company (“Ordinary Shares”) at a price of 6.645 pence per Ordinary Share.
Ian McDonough and his wife Syarifah Aidid, a person closely associated with Ian McDonough, now hold a total beneficial interest in 3,639,562 Ordinary Shares, equivalent to approximately 1.23 per cent. of the Company’s issued share capital.
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
Yellow Jersey (Financial PR)
Tel: +44 (0)776 932 5254
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® is a registered trademark of Blackbird plc.