Business
Grant of Share Options
Grant of Share Options.
About this update from Blackbird Plc
[{"type":"text","content":"\n \nRNS Number : 4059X Blackbird PLC 19 December 2019 \n\n19 December 2019\n \nBlackbird plc\n(\"Blackbird\" or the \"Company\")\n \nGrant of Share Options\n \nBlackbird plc (AIM: BIRD), developer and seller of market-leading cloud video platform Blackbird, announces that on 19 December 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 4,600,000 unissued Ordinary Shares:\n \n\n\n\nName\n\n\nTitle\n\n\nNumber of Options\n\n\nExercise Price\n\n\nNumber of Options Post Grant\n\n\n\n\n\n\n\n\nIan McDonough\n\n\nChief Executive Officer\n\n\n1,250,000\n\n\n16.00p\n\n\n5,130,000\n\n\n\n\n\nStephen Streater\n\n\nR&D Director\n\n\n340,000\n\n\n16.00p\n\n\n1,370,000\n\n\n\n\n\nStephen White\n\n\nChief Operating and Financial Officer\n\n\n500,000\n\n\n16.00p\n\n\n1,000,000\n \n\n\n\n\n\nAndrew Bentley\n\n\nNon-Executive Chairman\n\n\n120,000\n\n\n16.00p\n\n\n760,000\n\n\n\n\n\nDawn Airey\n\n\nNon-Executive Director\n\n\n160,000\n\n\n16.00p\n\n\n410,000\n \n\n\n\n\n\nDavid Main\n\n\nNon-Executive Director\n\n\n60,000\n\n\n16.00p\n\n\n1,685,000\n\n\n\n\n \nThe options were granted under the Company's EMI share option scheme.\n \nFollowing the above grant there are a total of 10,355,000 incentive share options granted over unissued Ordinary Shares granted to Directors and PDMRs, representing 3.19% of the Company's current Ordinary share capital of 324,623,725 Ordinary Shares.\n \nContacts: \n\n\n\n \nBlackbird plc\n\n\n \nTel: +44 (0)20 8879 7245\n\n\n\n\nIan McDonough, Chief Executive Officer\n\n\n\n\n\n\n\nStephen White, Chief Operating and Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAllenby Capital Limited (Nominated Adviser and Broker)\n\n\nTel: +44 (0)20 3328 5656\n\n\n\n\nNick Naylor\n\n\n\n\n\n\n\nNicholas Chambers\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAbout Blackbird plc\nBlackbird plc (AIM: BIRD, www.blackbird.video) floated in February 2000.\n \nBlackbird 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 s...