Share Option Grant

RNS Number : 7440V

Forbidden Technologies PLC

08 November 2010

 



8 November 2010

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 5 November 2010 options over the Company's ordinary shares of 0.8p were granted to the Directors listed below at an exercise price of 36p per share (being the closing mid market price on 5 November 2010).

Director	Number of Shares
Vic Steel	150,000
Greg Hirst	150,000
Phil Madden	75,000
David Main	50,000

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

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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