Grant of Share Options
Updated : 07:07
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
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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 |
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Stephen White, Chief Operating and Financial Officer |
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Allenby Capital Limited (Nominated Adviser and Broker) | Tel: +44 (0)20 3328 5656 | |
Nick Naylor |
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Nicholas Chambers |
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Yellow Jersey (Financial PR) | Tel: +44 (0)776 932 5254 | |
Joe Burgess |
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Felicity Winkles |
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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) |
| ||||
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) |
| ||||
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) |
| ||||
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) |
| ||||
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) |
| ||||
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) |
| ||||
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) |
| ||||
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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