Director/PCA shareholding

Posted: 27/03/2018

PCA Shareholding

Forbidden Technologies plc (AIM: FBT) announces that it has received notification that Austen Palmer, a Person Closely Associated (“PCA”) with Andrew Bentley, Non-Executive Director of the Company, on 23 March 2018 sold 100,000 ordinary shares at 5.00p and purchased 99,284 ordinary shares at 5.03p in the Company, to be held in his ISA.

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 Austen Palmer
— ————————– ————————————-
2 Reason for the notification
— —————————————————————–
a) Position/status PCA of Andrew Bentley, Non-Executive
Director
— ————————– ————————————-
b) Initial notification Initial notification
/Amendment
— ————————– ————————————-
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 Ordinary shares of 0.8p
financial instrument, each in Forbidden Technologies
type of instrument Plc
Identification code
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) Price(s) Volume(s)
——— ———-
5.00p 100,000
(Sell)
5.03p 99,284
(Buy)
——— ———-
— ————————– ————————————-
d) Aggregated information N/A
– Aggregated volume
– Price
— ————————– ————————————-
e) Date of the transactions 23 March 2018 (Sell)
23 March 2018 (Buy)
— ————————– ————————————-
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.

Enquiries:

Forbidden Technologies plc
Ian McDonough, CEO
Jonathan Lees, Finance Director
Tel: +44 (0)20 8879 7245

Allenby Capital Limited (Nominated Adviser and Broker)
Nick Naylor
John Depasquale
Katrina Perez
Tel: +44 (0)20 3328 5656

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 our patented Blackbird technology. The technology underpins multiple applications which are used by rights holders, broadcasters, sports and news video specialists, 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.forbidden.co.uk
www.forscene.com

Social media
www.linkedin.com/company/116180/
www.facebook.com/ForbiddenTechnologies
www.linkedin.com/company/forscene
www.facebook.com/FORscene
www.youtube.com/user/ForsceneTraining