Blackbird PLC Update re Admission of the Second Placing Shares (2228X)
17 Décembre 2019 - 5:45PM
UK Regulatory
TIDMBIRD
RNS Number : 2228X
Blackbird PLC
17 December 2019
17 December 2019
Blackbird plc
("Blackbird" or the "Company")
Update re Admission of the Second Placing Shares
Blackbird plc (AIM: BIRD), developer and seller of the patented
market-leading cloud video editing platform Blackbird, announces
that further to the announcement on 16 December 2019, the Company
and Allenby Capital Limited ("Allenby Capital") have agreed that
the date for admission of the Second Placing Shares to trading on
AIM, to be issued pursuant to the Placing announced on 29 November
2019, shall be amended to 23 December 2019. Application has been
made to the London Stock Exchange for admission and it is expected
that Admission will take place at 8.00 am on 23 December 2019 at
which time the Placing will become unconditional.
Total voting rights
On Admission, the issued share capital of the Company will
consist of 335,239,092 Ordinary Shares with one voting right each.
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 335,239,092.
From Admission, this figure may be used by Shareholders 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 pursuant to the FCA's
Disclosure Guidance and Transparency Rules.
Capitalised terms used but not defined in this announcement
shall have the meanings given to such terms in the announcement
issued by the Company dated 29 November 2019 unless otherwise
defined herein.
Contacts
Blackbird plc Tel: +44 (0)20
8879 7245
Ian McDonough, Chief Executive Officer
Adrian Lambert, Marketing Director
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.
This information is provided by RNS, the news service of the
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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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