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Employee share option exercise
12th Aug, 2003
Forbidden Technologies plc ("the Company") announces that it has received applications
to exercise options over 1,125,000 Ordinary Shares of 0.8p each in the Company
under the terms of the Forbidden Technologies plc Approved Share Option Scheme.
These shares rank pari passu with the existing issued ordinary shares in the Company.
These shares have been allotted and application has been made to the London Stock Exchange
for these 1,125,000 Ordinary Shares to be quoted on the Alternative
Investment Market. It is expected that dealings will commence in these Ordinary Shares on
15 August 2003. The employees to whom these shares are being allotted have
confirmed that they have no intention of selling the shares in the short term.
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