RNS Number : 8845L

Blackbird PLC

05 May 2020

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 4 May 2020 at 10:33 a.m. under RNS No 8113L.

Under 4b) of the Director/PDMR Dealing gird, the "Nature of the transaction" has been changed to Purchase of Ordinary Shares. All other details remain unchanged.

5 May 2020

Blackbird plc

(the "Company")

Director/PDMR Shareholding

Blackbird (AIM: BIRD), the developer and seller of the market-leading cloud video editing platform, Blackbird , was informed that Stephen White, Chief Operating and Financial Officer and a person discharging managerial responsibilities, bought 65,000 ordinary shares of 0.8 pence each in the Company ("Ordinary Shares") at a price of 15.5 pence per Ordinary Share. Stephen White now holds a total beneficial interest in 279,286 Ordinary Shares, equivalent to approximately 0.08 per cent. of the Company's issued share capital.


  Blackbird plc                                 Tel: +44 (0)20 8879 
Ian McDonough, Chief Executive Officer 
Stephen White, Chief Operating and Financial 
Allenby Capital Limited (Nominated Adviser    Tel: +44 (0)20 3328 
 and Broker)                                   5656 
Nick Naylor 
Nicholas Chambers 

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 social media distribution, and ultimately results in much more effective monetisation.

Blackbird(R) is a registered trademark of Blackbird plc.



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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                             Stephen White 
2   Reason for the notification 
a)  Position/status                  Chief Operating and Financial Officer 
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     Ordinary shares of 0.8p each in 
     instrument, type of instrument   Blackbird plc 
     Identification code 
                                      Identification code (ISIN) for Blackbird 
                                      plc ordinary shares: GB0004740477 
b)  Nature of the transaction        Purchase of Ordinary Shares 
c)  Price(s) and volume(s)           Price(s)  Volume(s) 
                                      15.5p     65,000 
d)  Aggregated information           N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction          4 May 2020 
f)  Place of the transaction         London Stock Exchange, XLON 

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(END) Dow Jones Newswires

May 05, 2020 05:21 ET (09:21 GMT)