Duo increase stake in Forbidden Technologies

FORBIDDEN Technologies is seeing growing demand for its internet video technology.

In a trading update at its AGM recently the company said that its flagship product was now being used in three times the number of broadcast productions compared to a year ago.

The AIM-listed company also said it was about to start a pilot project with a unnamed international media group.

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Shares in the company have almost doubled in the past year but two directors have increased their holdings with sizeable purchases.

Executive chairman Vic Steel, bought 450,000 shares at 16p each to take his stake up to 812,500 shares.

Financial director Phil Madden, purchased 75,000 shares at the same price and now holds 150,875.

n Jonathan Lander, a director of online marketing group Directex Realisations, has purchased one million shares at 1.4p each to increase his holding to six million shares.

n Richard Nichols, a non-executive director at media analytics group Ebiquity, has bought 65,000 shares at 61p each and now holds 100,000 shares.

n Two non-executive directors at LED lighting specialist Dialight have increased their holdings following strong interim results. Bob Lambourne took his first holding in the company with the purchase of 1,000 shares at 347p. Richard Stuckes bought 10,238 shares at 340p and now holds a total of 20,678 shares.

n Neill Abrams, Ocado's director of legal and business affairs has upped his stake in the online grocery business.

He bought 59,000 shares at 166p each to take his holding to 133,100. Chief financial officer Andrew Bracey also topped up his holding with the purchase of 3,000 shares at 168p and how has 812,555 shares.

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n Martin Greenslade, finance director at property group Land Securities, has become the latest board member to up his stake in recent weeks. He purchased 11,000 shares at 612p each and now holds 470,029 shares.

n Richard Cuthbert, chief executive of outsourced services provider Mouchel, has seen his family's stake increase. His wife and son each bought 20,000 shares at 121p each.

n Five directors at fuel cell developer ITM Power have increased their holdings. Chief executive Graham Cooley, chief technology officer Dr Simon Bourne, chairman Roger Putnam and finance director Barry Cunliffe each bought 16,129 shares at 31p.

Shares in the company have doubled over the past year.

• Paul Rayner, a non-executive director at British Gas owner Centrica, has more than doubled his stake in the British Gas owner. He purchased 30,000 shares at 305.7p each. and now holds 56,875 shares.