Business
Award of share options
Award of share options.
About this update from Blackbird Plc
[{"type":"text","content":"\n \nRNS Number : 4764K Forbidden Technologies PLC 21 August 2012 \n \n\n21.08.12\n \nForbidden Technologies plc\n \n(\"Forbidden\" or the \"Company\")\n \nAward of share options\n \nThe Board of Forbidden Technologies plc (AIM:FBT), the AIM quoted owner and developer of the FORscene cloud video platform, resolved on 20 August 2012 to award options over its ordinary shares of 0.8p each under its EMI scheme (\"EMI\"), adopted at the AGM on 27 April 2012, and the Forbidden Technologies unapproved scheme (\"Unapproved\").\n \nThe options have an exercise price of 26p, being the closing mid-market share price on 20 August 2012 (the latest possible date prior to the date of award) and are normally exercisable after three years.\n \nThe options awarded to directors are as follows:\n \nDirector Number of options Scheme\nVic Steel 40,000 EMI\nPhil Madden 40,000 EMI\nGreg Hirst 40,000 EMI\nDavid Main 40,000 &nb...