Grant of share options

RNS Number : 6536F

Forbidden Technologies PLC

28 April 2014

 

Date:	28 April 2014
On behalf of:	Forbidden Technologies plc ("Forbidden", the "Company" or the "Group")
Embargoed until:	For immediate release

Forbidden Technologies plc

 Grant of share options

Forbidden Technologies plc (AIM: FBT), the AIM-quoted owner and developer of the market leading cloud video platform, FORscene, announces that on 25 April 2014 options over the Company's ordinary shares of 0.8p were granted to the Directors listed below at an exercise price of 21.5p per share (being the closing mid-market price on 25 April 2013).

Director		Number of options		Total options now held
Vic Steel		100,000		1,270,000
Phil Madden		100,000		640,000
Greg Hirst		100,000		1,120,000
David Main		75,000		520,000
Jonathan Lees		75,000		75,000

The options were granted under Forbidden's EMI share option scheme.

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Enquiries

Forbidden Technologies plc	Tel: [phone]
Stephen Streater, CEO
Cenkos Securities plc (Nominated Adviser and Broker)	Tel: [phone]
Bobbie Hilliam, Corporate Finance
Alex Aylen, Sales
Redleaf Polhill (Financial PR)	Tel: [phone]
Rebecca Sanders-Hewett	Email: [e-mail]
Dwight Burden
David Ison

About Forbidden Technologies plc

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

The Company develops and markets the powerful cloud 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 and mobile applications.

 

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