Posted: 01/07/2021
30 June 2021, London – Blackbird plc (AIM: BIRD), the developer and seller of the market-leading cloud video editing platform, Blackbird, announces the following information in connection with its block admission pursuant to AIM Rule 29 and Schedule Six of the AIM Rules for Companies:
| Name of company: | Blackbird plc |
| Name of scheme: | Blackbird plc Employee Share Option Schemes |
| Period of return: | From 1 January 2021 to 30 June 2021 |
| Number and class of securities not issued under the scheme at the beginning of the period: | 9,143,422 ordinary shares of 0.8 pence each in the Company (the “Ordinary Shares”) |
| Number of securities issued under the scheme during the period: | 1,140,000 Ordinary Shares |
| Balance under the scheme of securities not yet issued at the end of the period: | 8,003,422 Ordinary Shares |
| Number and class of securities originally admitted and the date of admission: | 10,083,422 Ordinary Shares on 3 July 2020 |
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 (Corporate Finance) | |
| Amrit Nahal (Equity Sales) |
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 digital distribution, and ultimately results in much more effective monetisation.
Blackbird® is a registered trademark of Blackbird plc.
Websites
Social media
www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.facebook.com/blackbirdplc
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