9 May 2024
Blackbird plc
(the "Company")
Directorate change
Blackbird plc (AIM:BIRD), the technology
licensor, developer and seller of market-leading cloud native video
editing platform, Blackbird, and developer of the multiplayer
editor in a browser, elevate.io, announces that Dawn Airey, one of
the Company's Non-Executive Directors, has notified the Company of
her intention to step down as a Non-Executive Director of the
Company, with effect from 31 May 2024, in order to focus on her
other business commitments.
The Company has initiated a process to appoint
a new Non-Executive Director and a further announcement will be
made in due course.
Andrew Bentley, Chair of Blackbird plc,
commented:
"On behalf of the Board, I would like to thank
Dawn for her invaluable support and contribution to the business
over her time with us. She has made a huge contribution to our
understanding of the media landscape that we operate in and where
we are best able to focus our energies, always providing insightful
and considered opinions to the Board. We wish her every success
with her new production venture and the exciting journey that she
is continuing on."
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 / Piers Shimwell (Corporate
Finance)
Amrit Nahal / Guy McDougall (Equity Sales and
Corporate Broking)
About Blackbird plc
Blackbird plc operates in the
fast-growing SaaS and cloud video market. It has created
BlackbirdⓇ, the world's most advanced suite of cloud-native computing
applications for video all underpinned by its lightning fast codec.
Blackbird plc's patented technology allows for frame accurate
navigation, playback, viewing and editing in the cloud.
BlackbirdⓇ enables multiple applications, which are used by rights
holders, broadcasters, sports and news video specialists, 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
digital distribution, and ultimately results in much more effective
monetisation. Blackbird plc is a licensor of its core video
technology under its 'Powered by Blackbird' licensing model.
Enabling video companies to accelerate their path to true cloud
business models, licensees benefit from power and carbon
reductions, cost and time savings, less hardware and bandwidth
requirements and easy scalability. elevate.io, built using
Blackbird core technology, is the company's new creator SaaS
product, a browser based end-to-end content creation tool aimed at
the Creator Economy.
www.blackbird.video
www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.facebook.com/blackbirdplc
www.youtube.com/c/blackbirdcloud
www.elevate.io
