Last checked at 15 Mar 2019 07:00
15 March 2019
Forbidden Technologies plc
("Forbidden" or the "Company")
Director/PDMR/PCA Shareholding
Forbidden Technologies plc (AIM: FBT), the developer and seller of cloud video platform technology using its patented Blackbird technology, has been notified that on 12th March 2019, Ian McDonough, CEO of the Company, and his wife Syarifah Aidid, a person closely associated with Ian McDonough, together purchased 476,700 Ordinary Shares at a price of 7.85 pence per share and now hold a total beneficial interest in 3,539,562 Ordinary Shares, equivalent to 1.20 per cent. of the Company's ordinary share capital.
Contacts:
Forbidden Technologies plc | Tel: +44 (0)20 8879 7245 | |
Ian McDonough, CEO | ||
Adrian Lambert, Marketing Director | ||
Allenby Capital Limited (Nominated Adviser and Broker) | Tel: +44 (0)20 3328 5656 | |
Nick Naylor / John Depasquale / Nicholas Chambers | ||
About Forbidden Technologies plc
Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.
Forbidden develops, markets and licenses a powerful cloud video platform using its patented Blackbird technology. The technology underpins multiple applications, which are used by rights holders, broadcasters, sports and news video specialists, eSports live events and content owners, post-production houses, other mass market digital video channels and corporations.
The Blackbird technology allows full visibility on multi-location digital content, improves time to market for live content such as video clips and highlights for social media distribution, and results in much more effective monetisation.
Blackbird® is a registered trademark of Forbidden Technologies plc.
Websites
www.blackbird.video
www.forbidden.co.uk
Social media
www.linkedin.com/company/forbiddenwww.twitter.com/forbiddentechwww.facebook.com/ForbiddenTechnologies/
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Ian McDonough | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Forbidden Technologies plc | ||||
b) | LEI | 2138006DWRVTIAVW3415 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.8p each in Forbidden Technologies plc
Identification code (ISIN) for Forbidden Technologies plc ordinary shares: GB0004740477 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 12 March 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (FBT) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Syarifah Aidid | ||||
2 | Reason for the notification | |||||
a) | Position/status | PCA of Ian McDonough, Chief Executive Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Forbidden Technologies plc | ||||
b) | LEI | 2138006DWRVTIAVW3415 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.8p each in Forbidden Technologies plc
Identification code (ISIN) for Forbidden Technologies plc ordinary shares: GB0004740477 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 12 March 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (FBT) | ||||
The information set out in this announcement is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.