Grant of Share Options

RNS Number : 2246G

Forbidden Technologies PLC

19 November 2015

 

19 November 2015

Forbidden Technologies plc

("Forbidden" or the "Company")

Grant of Share Options

Forbidden Technologies plc (AIM: FBT), the AIM-quoted owner and developer of the market leading cloud video platform, Forscene, and video social network, 'eva', announces that on 18 November 2015 options over the Company's ordinary shares of 0.8p were granted to the directors listed below:

Director name	Number of options	Exercise price	Number of options held post grant
Aziz Musa	600,000	5.875p	1,400,000
Jonathan Lees	350,000	5.875p	950,000
Jason Cowan	350,000	5.875p	1,325,000
David Main	100,000	5.875p	695,000
Andrew Bentley	100,000	5.875p	100,000
Jim Irving	100,000	5.875p	100,000

The issue of options to the directors, set out above, was granted as part of Forbidden's EMI share option scheme and has been approved by Stephen Streater who was acting as an independent director for the purposes of the grant.

Enquiries:

Forbidden Technologies plc


Stephen Streater, Chairman

Aziz Musa, Chief Executive

Tel: [phone]

Cenkos Securities plc (Nominated Adviser and Broker)

Bobbie Hilliam, Corporate Finance

Tel: [phone]

Redleaf Communications (Financial PR)


Rebecca Sanders-Hewett

David Ison

Susie Hudson

Tel: [phone]

Email: [e-mail]

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 platforms.

Websites:

www.forbidden.co.uk

www.forscene.com

www.eva.co

www.captevate.com

Social media:

www.facebook.com/FORscene

www.plus.google.com/+Forscenepro/posts

www.linkedin.com/company/forscene

www.twitter.com/forscenepro

www.youtube.com/user/ForsceneTraining

 

END

 

 

RDSGMMMMLRNGKZM