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Wednesday 05 August, 2009

Phorm Inc

Transfer of Shares

RNS Number : 8830W
Phorm Inc
05 August 2009
 

5 August 2009



Phorm, Inc. ('Phorm' or the 'Company')


Transfer of Shares from Unrestricted Line (PHRX) to Reg S Line (PHRM) 


Phorm, Inc., (AIM: PHRX and PHRM), today announces that the Company applied to AIM for the following shares to be transferred from the unrestricted line, trading under PHRX, to the Reg S line, trading under PHRM. 


 Description of Security

Old Ticker Symbol

  New Ticker Symbol

        No. of Shares

    ---------------------------

------------------------

-------------------------

----------------------





Common Shares of 




$0.001 each

PHRX

PHRM

341,312


No new shares have been issued. Following the transfer of these shares the Company still has a total of 17,281,663 issued and outstanding Common Shares. Following the transfer 16,803,649 will be trading on AIM under the ticker PHRM, the Reg S line and 478,014 will be trading on AIM under the ticker PHRX, the Unrestricted Line.  


The transfer is expected to take effect and dealings in the shares under the new ticker symbol are expected to commence on 10 August 2009.




For Enquiries




Phorm, Inc.

+44 20 7297 2433

Sarah Simon




Citigate Dewe Rogerson

+44 20 7638 9571

Simon Rigby


Justin Griffiths




Canaccord Adams Limited

+44 20 7050 6500

Mark Williams


Andrew Chubb






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