Directors Dealing

RNS Number : 0493Q

Forbidden Technologies PLC

28 July 2010

 



28 July 2010

Forbidden Technologies plc

 ("Forbidden" or "the Company")

Directors Dealing

The Company announces that yesterday, 27 July 2010, Vic Steel, Executive Chairman of the Company, purchased a total of 450,000 ordinary shares in the Company ("Ordinary Shares") at a price of 16 pence per share. As a result of this purchase, the total beneficial holding of Mr. Steel is 812,500 Ordinary Shares, equivalent to 1.00 per cent of the Company's issued share capital.

Phil Madden, Financial Director of the Company, also purchased 75,000 Ordinary Shares at a price of 16 pence per share on Tuesday 27 July. Following this transaction, Mr. Madden now holds a total of 150,875 Ordinary Shares, equivalent to 0.19 per cent. of the Company's issued share capital.

-Ends-

For further information please visit www.forbidden.co.uk or contact:

Forbidden Technologies plc

Tel: [phone]

Stephen Streater, Chief Executive

Brewin Dolphin Corporate Advisory & Broking

Tel: [phone]

Neil Baldwin, Nominated Advisor

Bishopsgate Communications

Tel: [phone]

Gemma O'Hara

Siobhra Murphy

Notes to Editors

Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) listed in February 2000.

The Company develops and markets a powerful internet video platform, FORscene, which is used by broadcasters, in professional web video, in education and by consumers.  FORscene is one of the world's most advanced browser-based applications, operating in The Cloud.

 

END

 

 

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