Grant of Share Options

Forbidden Technologies plc (AIM: FBT) announces that today options over the Company’s ordinary shares of 0.8p were granted to the directors listed below:

Name Title Number of Exercise Number of options
options price held post grant
————— —————– ———- ——— ——————
Chief Executive
Ian McDonough Officer 2,000,000 5.375p 2,000,000
————— —————– ———- ——— ——————

The options were granted under the Company’s EMI share option scheme.

Following the above grant, there are a total of 5,815,000 incentive share options granted over unissued Ordinary Shares granted to Directors and PDMRs, representing 3.22% 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 Ian McDonough
— ——————————– ——————————————
2 Reason for the notification
— —————————————————————————-
a) Position/status Chief Executive Officer
— ——————————– ——————————————
b) Initial notification /Amendment Initial notification
— ——————————– ——————————————
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 financial Ordinary shares of 0.8p each in
instrument, type of instrument Forbidden Technologies 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)
——— ———-
5.375p 2,000,000
——— ———-
— ——————————– ——————————————
d) Aggregated information N/A
– Aggregated volume
– Price
— ——————————– ——————————————
e) Date of the transaction 15 September 2017
— ——————————– ——————————————
f) Place of the transaction London Stock Exchange, AIM (FBT)
— ——————————– ——————————————

Enquiries:

Forbidden Technologies plc
David Main, Chairman
Jonathan Lees, Finance Director
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)
David Ison
Elisabeth Cowell
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.

The Company develops, markets and licenses 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 helps provide customers visibility on all their content and more effectively monetise their content, including improving their time to market for live digital content such as clips and highlights packages for social media.

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