Share Option Grant

RNS Number : 9794X

Forbidden Technologies PLC

25 August 2009

 



25 August 2009

Forbidden Technologies plc

 ('Forbidden' or 'the Company')

Share Option Grant

Forbidden Technologies plc, the AIM quoted developer and marketer of a leading web-based video platform, announces that on 25 August 2009 options over the Company's ordinary shares of 0.8p were granted to the Directors listed below at an exercise price of 24p per share (being the closing mid market price on 24 August 2009).

Director                                Number of shares

Vic Steel                                                  20,000

Greg Hirst                                               30,000

David Main                                              20,000

Phil Madden                                             30,000

The grants were under Forbidden's unapproved share option scheme.

-Ends-

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

Forbidden Technologies plc

Tel: [phone]

Stephen Streater, Chief Executive

Brewin Dolphin Investment Banking

Tel: [phone]

Neil Baldwin

Nominated Advisor

Bishopsgate Communications

Tel: [phone]

Maxine Barnes

Robyn Samuelson

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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