Business
Result of Retail Offer and Notice of GM
Result of Retail Offer and Notice of GM.
About this update from Blackbird Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO US PERSONS OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\nTHE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF BLACKBIRD PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY BY SUCH PERSONS. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF BLACKBIRD PLC.\n7 July 2025\nBlackbird plc\n(the \"Company\")\nResult of Retail Offer\nPosting of Notice of General Meeting\nOn 3 July 2025 Blackbird plc (AIM:BIRD), the technology licensor, developer and seller of both the market-leading cloud native video editing platform, Blackbird, and the multiplayer editor in a browser, elevate.io, announced that it had conditionally raised gross proceeds of approximately £2 million pursuant to a Placing and Subscription and separately launched the Retail Offer to existing shareholders of the Company via the Bookbuild Platform.\nThe Retail Offer closed at 9.00 a.m. today, and the Directors are pleased to announce that it has raised £129,163.83 (before expenses). Therefore, the Retail Offer will result in the issue of a total of 4,305,461 Retail Offer Shares at the Issue Price, conditionally raising gross proceeds of approximately £0.13 million. As a result, the Company has conditionally raised a total of approximately £2.13 million (before expenses) pursuant to the Fundraising.\nNotice of General Meeting and posting of Circular\nCompletion of the Retail Offer, the Subscription and the Conditional Placing...