Blackbird PLC Result of AGM (6346Z)

TIDMBIRD

RNS Number : 6346Z

Blackbird PLC

24 May 2021

24 May 2021

Blackbird plc

(the "Company")

Result of Annual General Meeting

Blackbird plc (AIM: BIRD), the developer and seller of the market-leading cloud video editing platform, Blackbird(R), is pleased to announce that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed.

The proxy votes received from shareholders on each resolution are set out below:

 
                                            No. of     % of          No.        %         Total      No. of 
                                             votes    total     of votes       of         votes       votes 
                                    for (including    votes      against    total          cast    withheld 
                                        Chairman's     cast                 votes    (excluding 
                                           vote on                           cast         votes 
                                       discretion)                                    withheld) 
 ORDINARY RESOLUTIONS 
 1. To receive the 
  Company's annual reports 
  and accounts for the 
  year ended 31 December 
  2020                             197,797,616        99.98       47,960     0.02   197,845,576      24,339 
 2. To reappoint Moore 
  Kingston Smith LLP 
  as auditors of the 
  Company                          197,797,616        99.98       47,960     0.02   197,845,576      24,339 
                                  ----------------  -------  -----------  -------  ------------  ---------- 
 3. To reappoint John 
  Honeycutt as a Director          197,797,616        99.98       47,960     0.02   197,845,576      24,339 
                                  ----------------  -------  -----------  -------  ------------  ---------- 
 4. To reappoint Andrew 
  Bentley as a Director            197,797,616        99.98       47,960     0.02   197,845,576      24,339 
                                  ----------------  -------  -----------  -------  ------------  ---------- 
 5. To renew the authority 
  of the Directors to 
  allot shares                     197,682,896        99.92      162,680     0.08   197,845,576      24,339 
                                  ----------------  -------  -----------  -------  ------------  ---------- 
 SPECIAL RESOLUTIONS 
--------------------------------  ----------------  -------  -----------  -------  ------------  ---------- 
 6. To renew the disapplication 
  of pre-emption rights            197,528,459        99.84      317,117     0.16   197,845,576      24,339 
                                  ----------------  -------  -----------  -------  ------------  ---------- 
 7. To approve the 
  extension of the Company's 
  Long Term Incentive 
  Plan 2019 to run for 
  a further period of 
  3 years from its expiry 
  on 31 December 2021              187,991,147        93.51   12,847,829     6.49   200,838,976      30,939 
                                  ----------------  -------  -----------  -------  ------------  ---------- 
 

Enquiries:

 
  Blackbird plc                                  Tel: [phone] 
                                                  7245 
 Ian McDonough, Chief Executive Officer 
 Stephen White, Chief Operating and Financial 
  Officer 
 
 Allenby Capital Limited (Nominated Adviser     Tel: [phone] 
  and Broker)                                    5656 
 Nick Naylor (Corporate Finance) 
 Amrit Nahal (Sales and Corporate Broking) 
 
 

About Blackbird plc

Blackbird plc operates in the fast-growing SaaS and cloud video market. It has created Blackbird(R), 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(R) enables 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(R) 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(R) is a registered trademark of Blackbird plc.

Website

www.blackbird.video

Social media

www.linkedin.com/company/blackbird-cloud

www.twitter.com/blackbirdcloud

www.facebook.com/blackbirdplc

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May 24, 2021 10:57 ET (14:57 GMT)