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BLACKBIRD PLC — Director's Dealing 2018
Sep 17, 2018
7521_dirs_2018-09-17_6ce0c009-65d6-4c9b-8e95-d98611e4fba6.html
Director's Dealing
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RNS Number : 8963A
Forbidden Technologies PLC
17 September 2018
Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.
17 September 2018
Forbidden Technologies plc
("Forbidden" or the "Company")
Grant of Share Options
Forbidden Technologies plc (AIM: FBT), the developer and seller of cloud video platform technology using its patented Blackbird technology, announces that on 15 September 2018 options over the Company's ordinary shares of 0.8p were granted to the directors listed below as part of an employee-wide share option grant over 3,690,000 unissued Ordinary Shares:
| Name | Title | Number of Options | Exercise Price | Number of Options Post Grant | |
| Ian McDonough | Chief Executive Officer | 1,180,000 | 5.25p | 3,580,000 | |
| Stephen Streater | R&D Director | 480,000 | 5.25p | 730,000 | |
| Jonathan Lees | Finance Director | 200,000 | 5.25p | 1,520,000 | |
| David Main | Non-Executive Chairman | 120,000 | 5.25p | 1,565,000 | |
| Andrew Bentley | Non-Executive Director | 120,000 | 5.25p | 520,000 | |
| James Irving | Non-Executive Director | 80,000 | 5.25p | 480,000 |
The options were granted under the Company's EMI share option scheme.
Following the above grant there are a total of 8,395,000 incentive share options granted over unissued Ordinary Shares granted to Directors and PDMRs, representing 2.84% of the Company's current Ordinary share capital of 295,486,199 Ordinary Shares.
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
Nicholas Chambers
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, eSports, 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 which results in improved monetisation of video content.
Blackbird® is a registered trademark of Forbidden Technologies plc.
All other trademarks acknowledged
Websites:
Social Media:
www.linkedin.com/company/forbidden
www.facebook.com/ForbiddenTechnologies/
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
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 financial instrument, type of instrument
Identification code
Ordinary Shares of 0.8p
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5.25p | 1,180,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
17 September 2018
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
R&D Director
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
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 financial instrument, type of instrument
Identification code
Ordinary Shares of 0.8p
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5.25p | 480,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
17 September 2018
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
Finance Director
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
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 financial instrument, type of instrument
Identification code
Ordinary Shares of 0.8p
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5.25p | 200,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
17 September 2018
f)
Place of the transaction
London Stock Exchange AIM (FBT)
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 /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
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 financial instrument, type of instrument
Identification code
Ordinary Shares of 0.8p
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5.25p | 120,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
17 September 2018
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 /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
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 financial instrument, type of instrument
Identification code
Ordinary Shares of 0.8p
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5.25p | 120,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
17 September 2018
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 /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
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 financial instrument, type of instrument
Identification code
Ordinary Shares of 0.8p
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5.25p | 80,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
17 September 2018
f)
Place of the transaction
London Stock Exchange AIM (FBT)
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