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Forbidden Technologies PLC – Directorate Change

Forbidden Technologies plc (AIM: FBT), the developer and seller of cloud video platform technology using its patented Blackbird technology, is pleased to confirm that, further to the announcement on 22 October 2018, Stephen White will join the Board of Forbidden on 2 April 2019 in the newly created role of Chief Operating and Financial Officer. 

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Forbidden Technologies PLC – Placing to raise £5.75 million

Forbidden Technologies plc (AIM: FBT), the developer and seller of cloud video platform technology using its patented Blackbird technology, is pleased to announce an oversubscribed placing of 115,000,000 new ordinary shares of 0.8 pence each in the Company at a price of 5 pence per share (the “Placing Price”) to raise £5.75 million before expenses, to be undertaken in two tranches. The Placing was conducted by Allenby Capital Limited.

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