28 Jul 2010 08:07
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28 July 2010
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Forbidden Technologies plc
Β ("Forbidden" or "the Company")
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Directors Dealing
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The Company announces that yesterday, 27 July 2010, Vic Steel, Executive Chairman of the Company, purchased a total of 450,000 ordinary shares in the Company ("Ordinary Shares") at a price of 16 pence per share. As a result of this purchase, the total beneficial holding of Mr. Steel is 812,500 Ordinary Shares, equivalent to 1.00 per cent of the Company's issued share capital.
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Phil Madden, Financial Director of the Company, also purchased 75,000 Ordinary Shares at a price of 16 pence per share on Tuesday 27 July. Following this transaction, Mr. Madden now holds a total of 150,875 Ordinary Shares, equivalent to 0.19 per cent. of the Company's issued share capital.
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-Ends-
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For further information please visit www.forbidden.co.ukΒ or contact:
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Forbidden Technologies plc
Tel: +44 (0) 20 8879 7245
Stephen Streater, Chief Executive
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Brewin Dolphin Corporate Advisory & Broking
Tel: 0845 213 4726
Neil Baldwin, Nominated Advisor
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Bishopsgate Communications
Tel: +44 (0) 20 7562 3358
Gemma O'Hara
Siobhra Murphy
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Notes to Editors
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Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) listed in February 2000.
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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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