Grant of Share Options

RNS Number : 5718D
Blackbird PLC
27 June 2019
 

27 June 2019

 

Blackbird plc

("Blackbird" or the "Company")

 

Grant of Share Options

 

Blackbird plc (AIM: BIRD), developer and seller of market-leading cloud video platform Blackbird, announces that on 25 June 2019 options over the Company's ordinary shares of 0.8 pence were granted to the directors listed below as part of an employee-wide share option grant over 2,435,000 unissued Ordinary Shares:

 

Name

Title

Number of Options

Exercise Price

Number of Options Post Grant

 
 

Ian McDonough

Chief Executive Officer

300,000

7.75p

3,880,000

 

Stephen Streater

R&D Director

300,000

7.75p

1,030,000

 

Stephen White

Chief Operating and Financial Officer

500,000

7.75p

500,000

 

 

Andrew Bentley

Non-Executive Chairman

120,000

7.75p

640,000

 

Dawn Airey

Non-Executive Director

250,000

7.75p

250,000

 

James Irving

Non-Executive Director

60,000

7.75p

540,000

 

David Main

Non-Executive Director

60,000

7.75p

1,625,000

 

               

The options were granted under the Company's LTIP share option scheme and subject to certain performance conditions.

 

Following the above grant there are a total of 8,465,000 incentive share options granted over unissued Ordinary Shares granted to Directors and PDMRs, representing 2.86% of the Company's current Ordinary share capital of 295,486,199 Ordinary Shares.

 

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

 

Nicholas Chambers

 

 

 

Yellow Jersey (Financial PR)

Tel: +44 (0)776 932 5254

Joe Burgess

 

 

Felicity Winkles

 

 

 

About Blackbird plc

Blackbird plc (AIM: BIRD, www.blackbird.video) floated in February 2000.

 

Blackbird develops, markets and licenses a powerful cloud video platform using its patented Blackbird technology. The technology 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.

 

The Blackbird technology allows full visibility of multi-location digital content, improves time to market for live content such as video clips and highlights for social media distribution, and results in much more effective monetisation.

 

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

 

 

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

Ian McDonough

2

Reason for the notification

a)

Position/status

Chief Executive 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 instrument, type of instrument

Identification code

Ordinary Shares of 0.8p

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

7.75p

 

300,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

25 June 2019

f)

Place of the transaction

Outside of a trading venue - grant of options

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Streater

2

Reason for the notification

a)

Position/status

R&D Director

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 instrument, type of instrument

Identification code

Ordinary Shares of 0.8p

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

7.75p

 

 

300,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

25 June 2019

f)

Place of the transaction

Outside of a trading venue - grant of options

 

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 instrument, type of instrument

Identification code

Ordinary Shares of 0.8p

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

7.75p

 

 

500,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

25 June 2019

f)

Place of the transaction

Outside of a trading venue - grant of options

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Bentley

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

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 instrument, type of instrument

Identification code

Ordinary Shares of 0.8p

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

7.75p

 

 

120,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

25 June 2019

f)

Place of the transaction

Outside of a trading venue - grant of options

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dawn Airey

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 instrument, type of instrument

Identification code

Ordinary Shares of 0.8p

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

7.75p

 

 

250,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

25 June 2019

f)

Place of the transaction

Outside of a trading venue - grant of options

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Irving

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 instrument, type of instrument

Identification code

Ordinary Shares of 0.8p

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

7.75p

 

 

60,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

25 June 2019

f)

Place of the transaction

Outside of a trading venue - grant of options

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Main

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 instrument, type of instrument

Identification code

Ordinary Shares of 0.8p

b)

Nature of the transaction

Grant of options over ordinary shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

7.75p

 

 

60,000

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

25 June 2019

f)

Place of the transaction

Outside of a trading venue - grant of options

 

 


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