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Grant of share options

25th Sep 2014 09:46

RNS Number : 5945S
Forbidden Technologies PLC
25 September 2014
 



Date:

25 September 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 24 September 2014 options over the Company's ordinary shares of 0.8p were granted to the Directors listed below at an exercise price of 19p per share (being the closing mid-market price on 23 September 2014).

Director

Number of options

Total options now held

Vic Steel

50,000

1,320,000

Phil Madden

75,000

815,000

David Main

100,000

645,000

Jonathan Lees

25,000

100,000

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

-Ends-

Enquiries

 

Forbidden Technologies plc

Tel: +44 (0)20 8879 7245

Stephen Streater, CEO

Cenkos Securities plc (Nominated Adviser and Broker)

Tel: +44 (0)20 7397 8900

Bobbie Hilliam, Corporate Finance

Alex Aylen, Sales

Redleaf Polhill (Financial PR)

Tel: +44 (0)20 7382 4730

Rebecca Sanders-Hewett

Email: [email protected]

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.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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