18 June 2024
Blackbird plc
(the "Company")
Result of Annual General Meeting
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 at the Company's Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed on a show of hands.
The proxy votes received from shareholders on each resolution are set out below:
|
| FOR* | AGAINST | Total votes cast (excluding votes withheld)
| No. of votes withheld
| ||
| No. of votes for | % of total votes cast
| No. of votes against
| % of total votes cast
| |||
| ORDINARY RESOLUTIONS | |
|
|
|
|
|
| 1. To receive the Company's annual reports and accounts for the year ended 31 December 2023 | 187,553,227 | 99.86% | 257,000 | 0.14% | 187,810,227 | 8,048 |
| 2. In accordance with the 2023 QCA Code, advisory vote to approve the directors' remuneration and benefits for the year ended 31 December 2023. | 174,892,929 | 93.13% | 12,906,498 | 6.87% | 187,799,427 | 18,848 |
| 3. To reappoint Moore Kingston Smith LLP as auditors of the Company | 187,549,283 | 99.86% | 260,944 | 0.14% | 187,810,227 | 8,048 |
| 4. To reappoint Andrew Bentley as a Director | 174,673,509 | 93.01% | 13,136,718 | 6.99% | 187,810,227 | 8,048 |
| 5. To reappoint Ian McDonough as a Director | 187,504,838 | 99.84% | 305,389 | 0.16% | 187,810,227 | 8,048 |
| 6. To reappoint Stephen White as a Director | 175,552,125 | 99.57% | 758,102 | 0.43% | 176,310,227 | 11,508,048 |
| 7. To reappoint Stephen Streater as a Director | 187,502,125 | 99.84% | 308,102 | 0.16% | 187,810,227 | 8,048 |
| 8. To reappoint Anne de Kerckhove as a Director | 187,052,125 | 99.60% | 758,102 | 0.40% | 187,810,227 | 8,048 |
| 9. To renew the authority of the Directors to allot shares | 187,464,710 | 99.82% | 345,517 | 0.18% | 187,810,227 | 8,048 |
| SPECIAL RESOLUTION | | | | | | |
| 10. To renew the disapplication of pre-emption rights | 174,986,409 | 93.18% | 12,817,018 | 6.82% | 187,803,427 | 14,848 |
| 11. To approve the extension of the Company's Long Term Incentive Plan 2019 | 187,373,329 | 99.77% | 436,898 | 0.23% | 187,810,227 | 8,048 |
*Includes Chairman's and Third Party discretionary votes.
Further to the Company's announcement on 28 May 2024, following the conclusion of the AGM, Anne de Kerckhove is now Chair of the board of the Company.
Contacts:
| Blackbird plc Ian McDonough, Chief Executive Officer Stephen White, Chief Operating and Financial Officer | Tel: +44 (0)20 8879 7245 |
| Allenby Capital Limited (Nominated Adviser and Broker) Nick Naylor / Piers Shimwell (Corporate Finance) Amrit Nahal / Guy McDougall (Equity Sales and Corporate Broking) | Tel: +44 (0)20 3328 5656 |
About Blackbird plc
Blackbird plc operates in the fast-growing SaaS, Media and Entertainment and content creation markets. Blackbird plc's patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud and it has two products.
BlackbirdⓇ a market leading suite of cloud-native computing applications, is 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.
elevate.io, currently in general release, is the company's new collaborative content creation tool in a web browser aimed at professional teams and the Creator Economy.
Blackbird plc also licences 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.
www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.youtube.com/c/blackbirdcloud
www.elevate.io
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