Blackbird PLC Announces Major Share Options Grant

Blackbird PLC (GB:BIRD) has released an update.

Blackbird PLC, the developer of the cloud-native video editing platform Blackbird and the online collaborative platform elevate.io, has granted 2,685,000 share options under its EMI share option scheme, with significant grants to key directors. This move represents 8.17% of the company’s current ordinary share capital and is tied to performance conditions based on the company’s share price average over the last three days. The grant aims to incentivize employees and align their interests with the company’s success.

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