Apr 28, 2014
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 25 April 2014 options over the Company’s ordinary shares of 0.8p were granted to the Directors listed below at an exercise price of 21.5p per share (being the closing mid-market price on 25 April 2014).
Director
Number of options
Total number of options held
Vic Steel
100,000
1,270,000
Phil Madden
100,000
640,000
Greg Hirst
100,000
1,120,000
David Main
75,000
520,000
Jonathan Lees
75,000
75,000
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
Email: forbidden@redleafpr.com
Rebecca Sanders-Hewett
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 worlds most advanced browser-based and mobile applications.