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Pin to quick picksBlackbird PLC Regulatory News (BIRD)

Share Price Information for Blackbird PLC (BIRD)

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Block admission six monthly return

30 Jun 2023 16:30

RNS Number : 6419D
Blackbird PLC
30 June 2023
 

30 June 2023

 

Blackbird plc

(the "Company")

 

Block admission six monthly return

 

Blackbird plc (AIM: BIRD, OTCQX: BBRDF), the technology licensor, 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 2023 to 30 June 2023

Number and class of securities not issued under the scheme at the beginning of the period:

7,138,422 ordinary shares of 0.8 pence each in the Company (the "Ordinary Shares")

 

Number of securities issued under the scheme during the period:

 

None

 

Balance under the scheme of securities not yet issued at the end of the period:

 

7,138,422 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/Piers Shimwell (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 plc is a licensor of its core video technology under its "Powered by Blackbird" licensing model, enabling video companies to accelerate their path to true cloud business models. Licensees benefit from power and carbon reductions, cost and time savings, less hardware and bandwidth requirements and easy scalability.

 

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  

 

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 rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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