Last checked at 8 Nov 2010 07:00
8 November 2010
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 5 November 2010 options over the Company's ordinary shares of 0.8p were granted to the Directors listed below at an exercise price of 36p per share (being the closing mid market price on 5 November 2010).
Director | Number of Shares |
Vic Steel | 150,000 |
Greg Hirst | 150,000 |
Phil Madden | 75,000 |
David Main | 50,000 |
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
Tel: 0845 213 4726
Neil Baldwin, Nominated Advisor
Bishopsgate Communications
Tel: +44 (0) 7917 042 335
Gemma O'Hara
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.