Blackbird PLC Exercise of Options and Issue of Equity (9035O)
07 Ottobre 2019 - 8:00AM
UK Regulatory
TIDMBIRD
RNS Number : 9035O
Blackbird PLC
07 October 2019
7 October 2019
Blackbird plc
("Blackbird" or the "Company")
Exercise of Options and Issue of Equity
Blackbird plc (AIM: BIRD), the developer and seller of cloud
video platform technology using its patented Blackbird technology,
has made an application to the London Stock Exchange for the
admission to trading on AIM ("Admission") of 200,000 new ordinary
shares of 0.8p each in the Company ("New Ordinary Shares").
The New Ordinary Shares have been issued pursuant to the
exercise of options awarded to a former employee under the
Company's existing share option scheme. The New Ordinary Shares
rank, pari passu, in all respects with the Company's existing
ordinary shares and Admission is expected to become effective at
8.00 am on 10 October 2019.
Total Voting Rights
Following Admission, the issued share capital of the Company
will consist of 295,686,199 ordinary shares of 0.8p each ("Ordinary
Shares"), with one voting right per share. The Company does not
hold any Ordinary Shares in treasury.
Therefore, the total number of Ordinary Shares and voting rights
in the Company will be 295,686,199. From Admission, this figure may
be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
Contacts:
Blackbird plc Tel: +44 (0) 20
8879 7245
Ian McDonough, Chief Executive Officer
Stephen White, Chief Financial and Operating
Officer
Allenby Capital Limited (Nominated Adviser Tel: +44 (0) 20
and Broker) 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
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.
END
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