Posted: 03/04/2017
Forbidden Technologies plc (AIM: FBT), the AIM-quoted owner and developer of Forscene (the market-leading cloud video platform) announces that on 31 March 2017 options over the Company’s ordinary shares of 0.8p were granted to the directors listed below:
[table id=8 /]
The options were granted under the Company’s EMI share option scheme.
Following the above grant, there are a total of 3,815,000 incentive share options granted over unissued Ordinary Shares granted to Directors and PDMRs, representing 2.11% of the Company’s current issued Ordinary Share capital of 180,486,199 Ordinary Shares.
Details of the Options granted to the following Directors and persons who discharge managerial responsibilities (“PDMRs”) today are set out below:
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 David Main
— ————————– ———————————–
2 Reason for the notification
— —————————————————————
a) Position/status Non-Executive Chairman
— ————————– ———————————–
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 N/A
— ————————– ———————————–
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 Grant of options over ordinary
shares
— ————————– ———————————–
c) Price(s) and volume(s) Price(s) Volume(s)
——— ———-
6.0p 500,000
——— ———-
— ————————– ———————————–
d) Aggregated information N/A
– Aggregated volume
– Price
— ————————– ———————————–
e) Date of the transaction 31 March 2017
— ————————– ———————————–
f) Place of the transaction London Stock Exchange, AIM
(FBT)
— ————————– ———————————–
1 Details of the person discharging managerial
responsibilities / person closely associated
— —————————————————————
a) Name Andrew Bentley
— ————————– ———————————–
2 Reason for the notification
— —————————————————————
a) Position/status 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 N/A
— ————————– ———————————–
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 Grant of options over ordinary
shares
— ————————– ———————————–
c) Price(s) and volume(s) Price(s) Volume(s)
——— ———-
6.0p 200,000
——— ———-
— ————————– ———————————–
d) Aggregated information N/A
– Aggregated volume
– Price
— ————————– ———————————–
e) Date of the transaction 31 March 2017
— ————————– ———————————–
f) Place of the transaction London Stock Exchange, AIM
(FBT)
— ————————– ———————————–
1 Details of the person discharging managerial
responsibilities / person closely associated
— —————————————————————
a) Name James Irving
— ————————– ———————————–
2 Reason for the notification
— —————————————————————
a) Position/status 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 N/A
— ————————– ———————————–
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 Grant of options over ordinary
shares
— ————————– ———————————–
c) Price(s) and volume(s) Price(s) Volume(s)
——— ———-
6.0p 200,000
——— ———-
— ————————– ———————————–
d) Aggregated information N/A
– Aggregated volume
– Price
— ————————– ———————————–
e) Date of the transaction 31 March 2017
— ————————– ———————————–
f) Place of the transaction London Stock Exchange, AIM
(FBT)
— ————————– ———————————–
1 Details of the person discharging managerial
responsibilities / person closely associated
— —————————————————————
a) Name Stephen Streater
— ————————– ———————————–
2 Reason for the notification
— —————————————————————
a) Position/status Chief Technical Officer
— ————————– ———————————–
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 N/A
— ————————– ———————————–
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 Grant of options over ordinary
shares
— ————————– ———————————–
c) Price(s) and volume(s) Price(s) Volume(s)
——— ———-
6.0p 250,000
——— ———-
— ————————– ———————————–
d) Aggregated information N/A
– Aggregated volume
– Price
— ————————– ———————————–
e) Date of the transaction 31 March 2017
— ————————– ———————————–
f) Place of the transaction London Stock Exchange, AIM
(FBT)
— ————————– ———————————–
1 Details of the person discharging managerial
responsibilities / person closely associated
— —————————————————————
a) Name Jonathan Lees
— ————————– ———————————–
2 Reason for the notification
— —————————————————————
a) Position/status Chief Financial Officer
— ————————– ———————————–
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 N/A
— ————————– ———————————–
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 Grant of options over ordinary
shares
— ————————– ———————————–
c) Price(s) and volume(s) Price(s) Volume(s)
——— ———-
6.0p 250,000
——— ———-
— ————————– ———————————–
d) Aggregated information N/A
– Aggregated volume
– Price
— ————————– ———————————–
e) Date of the transaction 31 March 2017
— ————————– ———————————–
f) Place of the transaction London Stock Exchange, AIM
(FBT)
— ————————– ———————————–
Enquiries
Forbidden Technologies plc
David Main, Chairman
Jonathan Lees, Chief Financial Officer
Tel: +44 (0)20 8879 7245
Allenby Capital Limited (Nominated Adviser and Broker)
Nick Naylor
John Depasquale
Richard Short
Katrina Perez
Tel: +44 (0)20 3328 5656
Redleaf Communications (Financial PR Adviser)
Rebecca Sanders-Hewett
David Ison
Susie Hudson
Tel: +44 (0)20 7382 4730
Email: forbidden@redleafpr.com
About Forbidden Technologies plc
Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.
Company develops and markets a powerful cloud video platform with multiple applications which can be used by rights holders, broadcasters, sports and news video specialists, post-production houses, other mass market digital video channels, corporates and consumers. The platform applications help customers improve their time to market on time sensitive content, and efficiently exploit the full value of their content.
Websites
www.forbidden.co.uk
www.forscene.com
Social media
www.facebook.com/FORscene
www.plus.google.com/+Forscenepro/posts
www.linkedin.com/company/forscene
www.twitter.com/forscenepro
www.youtube.com/user/ForsceneTraining
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