TIDMBIRD

RNS Number : 5296X

Blackbird PLC

29 December 2023

29 December 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 July 2023 to 31 December 
                                     2023 
                                   -------------------------------- 
 Number and class of securities     7,138,422 ordinary shares of 
  not issued under the scheme        0.8 pence each in the Company 
  at the beginning of the period:    (the "Ordinary Shares") 
                                   -------------------------------- 
 Number of securities issued        845,000 Ordinary Shares 
  under the scheme during the 
  period: 
                                   -------------------------------- 
 Balance under the scheme of        6,293,422 Ordinary Shares 
  securities not yet issued at 
  the end of the period: 
                                   -------------------------------- 
 Number and class of securities     10,083,422 Ordinary Shares on 
  originally admitted and the        3 July 2020 
  date of admission: 
                                   --------------------------------

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       Tel: +44 (0)20 3328 
  Adviser and Broker)                      5656 
 Nick Naylor/ Piers Shimwell (Corporate 
  Finance) 
 Amrit Nahal , Guy McDougall (Equity 
  Sales)

About Blackbird plc

Blackbird plc operates in the fast-growing SaaS and cloud video market. It has created Blackbird(R), 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(R) 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(R) 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(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

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END

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December 29, 2023 04:00 ET (09:00 GMT)

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