UK +44 (0) 330 380 1130, Support +44 (0) 330 380 1131, USA Sales/Support +1 888 457 2611

Result of Annual General Meeting and Update re Change of Name

Forbidden Technologies plc (AIM: FBT), the developer and seller of cloud video platform technology using its patented Blackbird technology, announces that at the Company’s Annual General Meeting, held earlier today, the following resolutions were duly passed on a show of hands with the following table summarising proxy votes:

 No of votes for%No of votes against%Total votes cast
(Excluding votes withheld)
No of votes withheld
ORDINARY RESOLUTIONS
1. To adopt the Company's
annual accounts for
the year ended 31 December
2018
172,962,44099.9912,5420.01172,974,98211,500
2. To re-appoint Kingston
Smith LLP as auditors
of the Company
172,951,44099.9923,5420.01172,974,98211,500
3. To re-appoint Stephen
White as a director
172,800,88499.89184,0980.11172,984,9821,500
4. To re-appoint James
Irving as a director
172,800,88499.89184,0980.11172,984,9821,500
5. To authorise the
directors to allot
shares in the Company
172,741,35999.86233,6230.14172,974,98211,500
SPECIAL RESOLUTIONS
6. To disapply pre-emption
rights in limited circumstances
172,741,35999.86233,6230.14172,974,98211,500
7. To approve the change
of the Company's name
to Blackbird plc
172,762,65999.87220,3230.13172,982,9823,500
8. To approve the adoption
of the New Incentive
Plan
172,748,85999.87225,3230.13172,974,18212,300

Change of name

The Company confirms that further to the announcement of 15 April 2019 and pursuant to Resolution 7 passed at the AGM earlier, it will, with effect from 15 May 2019, change its name to Blackbird plc.

Trading in the Company’s shares under the new name will commence at 8.00 am on 15 May 2019. The Company’s ticker symbol (TIDM) will change to ‘BIRD’. From 8.00 am on 15 May 2019, the Company’s website can be found at www.blackbird.video, where the information required pursuant to AIM Rule 26 can be viewed.

Shareholdings will be unaffected by the change of name and existing share certificates should be retained as they will remain valid for all purposes. Any new share certificates issued will bear the new name.

Contacts

Forbidden Technologies plc
Tel: +44 (0)20 8879 7245
Ian McDonough, Chief Executive Officer
Adrian Lambert, Marketing Director

Allenby Capital Limited (Nominated Adviser and Broker)
Tel: +44 (0)20 3328 5656
Nick Naylor
Nicholas Chambers

Yellow Jersey (Financial PR)
Tel: +44 (0)776 932 5254
Joe Burgess
Felicity Winkles

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(R) is a registered trademark of Forbidden Technologies plc.

Websites
www.blackbird.video

Social media

www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.facebook.com/blackbirdplc

Pin It on Pinterest