Grant of share options

RNS Number : 0917K

Forbidden Technologies PLC

25 July 2013

 



25 July 2013

Forbidden Technologies plc

("Forbidden" or the "Company")

Grant of share options

Forbidden Technologies (AIM: FBT), the AIM-quoted owner and developer of the market leading Cloud video platform, FORscene, announces that on 24 July 2013 options over the Company's ordinary shares of 0.8p were granted to the Directors listed below at an exercise price of 25.5p per share (being the closing mid market price on 24 July 2013).

Director                      Number of options

Vic Steel                    200,000

Phil Madden              100,000

Greg Hirst                  250,000

David Main                100,000

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

-Ends-

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

Forbidden Technologies plc

Stephen Streater, CEO

Tel: [phone]

Cenkos Securities plc, Nominated Adviser and Broker

Adrian Hargrave, Corporate Finance

Alex Aylen, Sales

Tel: [phone]

Bishopsgate Communications

Nick Rome / Sam Allen / Matthew Low

Tel: [phone]

[e-mail]

Notes for editors

About Forbidden Technologies

Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000. The Company develops and markets a 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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