25th Aug 2009 13:52
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: +44 (0)20 8879 7245
Stephen Streater, Chief Executive
Brewin Dolphin Investment Banking
Tel: 0845 213 4726
Neil Baldwin
Nominated Advisor
Bishopsgate Communications
Tel: +44 (0) 20 7562 3350
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.
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