Forbidden deals
A round-up of the biggest director deals today so far.
The chairman and finance director of Forbidden Technologies have both bought shares in the web-based video post-production technology developer.
Earlier this week chairman Vic Steel was repaid the £78,500 he was owed by AIM-quoted Forbidden. He reinvested £72,000 in 450,000 shares at 16p each. He owns 812,500 shares, which is equivalent to 1% of Forbidden.
FD Phil Madden has nearly doubled his stake in the company by buying 75,000 shares at 16p each. He now holds just under 151,000 shares.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The shareholder list is still dominated by founder and chief executive Stephen Streater, who owns 78.7% of Forbidden.
There are an increasing number of broadcasters using Forbidden's FORscene technology. Forbidden has done a deal with EditShare which will integrate FORscene into its product. Other deals with partners are likely.
Forbidden generated revenues of £281,000 in 2009 and made a loss of £57,000.
Top Director Buys
Forbidden Technologies (FBT) Director name: Mr Victor J SteelAmount purchased: 450,000 @ 16.00p Value: £72,000
Forbidden Technologies (FBT) Director name: Mr Phil MaddenAmount purchased: 75,000 @ 16.00p Value: £12,000
Top Director Sells
General Electric (GEC) Director name: Mr Brackett B. DennistonAmount sold: 1,640 @ € 12.26 Value: € 20,106
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Barclays begins paying up to £100 compensation to customers after banking outage
Barclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
By Daniel Hilton Published
-
Review: Shangri-La Paris – an ode to the world’s best food
Natasha Langan enjoys fine French and Chinese cuisine at the Shangri-La Paris
By Natasha Langan Published