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Pin to quick picksForbidden Share News (FBT)

Share Price Information for Forbidden (FBT)

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Share Price: 1,473.00
Bid: 1,470.00
Ask: 1,476.00
Change: 10.00 (0.68%)
Spread: 6.00 (0.408%)
Open: 1,463.00
High: 0.00
Low: 0.00
Prev. Close: 1,463.00
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Forbidden Hires Operating & Financial Boss As Finance Director Leaves

Mon, 22nd Oct 2018 12:52

LONDON (Alliance News) - Forbidden Technologies PLC on Monday said it appointed Stephen White as a chief operating & financial officer, a newly created board role.

The video platform developer said White is currently vice president finance, UK & EMEA emerging markets, at the Networks division of Comcast Corp's NBC Universal. He is expected to join Forbidden Tech in April next year.

Finance Director Jonathan Lees will step down from the board when White joins the company. Lees will leave to pursue other opportunities after an appropriate handover period, Forbidden Tech said.

In addition to the creation of the chief operating & financial officer role, the company said it has recently made a number of appointments, including Adrian Lambert as marketing director and Oliver Parker as a strategic account director. Forbidden Tech has also hired George Maddocks in its pre-sales team and appointed a senior developer.

"I look forward to welcoming Stephen White on to the management team and the board. We have also recently added new talent to our sales and marketing capabilities," said Chairman David Main.

"Thank you to Jonathan for his contribution to managing and guiding the business to its current position," added Chief Executive Ian McDonough.

Forbidden Tech shares were trading down 4.0% on Monday at 6.00 pence each.

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11 Feb 2013 09:50

Forbidden formalises deal with systems integrator Atos

Forbidden Technologies, the developer of cloud-based editing platform FORscene, has formalised a licence agreement with Atos, the South African systems integrator. The agreement allows Atos to add FORscene to its South African portfolio. It also enables Forbidden to run its own FORscene Cloud, prov

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16 Jan 2013 09:32

Forbidden Technologies gains on revenue forecast

Shares in Forbidden Technologies soared Wednesday after the company was expected to report a 50 per cent increase in 2012 revenues. Forbidden jumped 17% to 24.00p at 10:00 following a trading update which projected annual results would exceed analysts' forecasts, thanks in part to sales of its clou

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16 Jul 2012 09:16

Forbidden Technologies unveils first client for new software

Online video company Forbidden Technologies has announced that its first FORscene Server Lite software client, Pegasus Works, is now using the new software in its corporate work-flows. Forbidden believes the developments that were made to support the Pegasus work-flows through FORscene will prove

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9 Jul 2012 10:25

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18 Jun 2012 10:33

Forbidden Tech moves into sports sector

Forbidden Technology shares jumped on Monday morning after it said it was pushing its online video editor into the sporting sector. Forbidden said it had licensed its FORscene product for third parties to use to edit dozens of concurrent high definition sports video streams this summer. This amoun

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27 Apr 2012 10:42

Forbidden Technologies prove enticing to broadcasters

Online video company Forbidden Technologies has rocketed after revealing a big jump in capacity and impressive sales. The group's main offering is video editing software, delivered through the "cloud" which allows clients to upload and create content online. Forbidden says it has increased its ser

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26 Mar 2012 11:58

Forbidden Technology's losses widen

Forbidden Technology, a cloud-based video platform developer, reported a widening of losses for the year ended December 31st. Sales were up 25% from £0.37m to £0.47m, while gross profit rose 29.5% from £0.32m to £0.42m. Loss before tax increased from £0.196m to £0.245m, while basic earnings per sh

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16 Jan 2012 12:52

Forbidden Technologies reaching for the sky

Cloud-based video platform developer Forbidden Technologies said its visible sales pipeline for 2012 is looking fatter, even after a strong year of organic growth in 2011. The company said that its losses increased in 2011 but this was as a direct result of increased investment in the long term fut

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12 Dec 2011 09:45

Forbidden Technologies surges on Youtube deal

Shares of Forbidden Technologies surged over 90% on Monday after it announced that it has licensed its FORscene Cloud editing platform to YouTube. No financials details were released in the company statement however the group said, " the agreement will make a significant contribution to the perfor

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20 Sep 2011 09:15

Forbidden Technlogies losses widen

Cloud-based video platform developer Forbidden Technologies saw losses widen in the six months to 30 June as it increased staff numbers in a bid to push sales. Pre-tax losses grew to £157,200 from £57,758 over the same period the previous year on revenues that climbed to £181,839 from £167,858. Fo

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27 Sep 2010 11:30

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Forbidden Technologies' pre-tax loss for the first half ended 30 June widened to £57,758, from £25,697 for the prior-year period. Additionally, loss per share more than doubled, from 0.03p last year to 0.07p for this half year. Operating costs were up 37% to £214,730 on last year's results due to h

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4 Aug 2010 16:50

London close: Rally falls short

The FTSE 100 briefly made it into positive territory in the afternoon session but that only lured out more sellers and the blue-chip index closed slightly down on the day. Shares in Next remained in the doghouse all day, not so much because of the performance in the first half of its financial yea

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4 Aug 2010 12:50

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Shares in Forbidden Technologies rallied after the internet video streaming firm announced that Renegade Pictures is using its video platform FORscene for the production of its fourth series of BBC 3 series 'Don't Tell The Bride'. Asset management data firm Statpro posted a 10% drop in half year pr

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28 Jul 2010 16:41

Forbidden deals

The chairman and finance director of Forbidden Technologies have both bought shares in the web-based video post-production technology developer. Earlier this week chairman Vic Steel was repaid the £78,500 he was owed by AIM-quoted Forbidden. He reinvested £72,000 in 450,000 shares at 16p each. He o

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