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Transfer of shares

5 Jan 2010 07:00

RNS Number : 0089F
Phorm Inc
05 January 2010
 



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, and from the Reg S line, trading under PHRM to the unrestricted line, trading under PHRX

The transfers are expected to take effect from 8 January 2010.

Description of Security  Old Ticker Symbol  New Ticker Symbol No. of Shares 

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

Common Shares of 

$0.001 each PHRX PHRM 79,345

Common Shares of 

$0.001 each PHRM PHRX 113,740

No new shares have been issued. Following the transfer of these shares the Company still has a total of 17,293,863 issued and outstanding Common Shares. Following the transfer 16,416,203 are trading on AIM under the ticker PHRM, the Reg S line and 832,660 are trading on AIM under the ticker PHRX, the Unrestricted Line.  A further 45,000 Common Shares are held in treasury.

Dealings in the shares under the new ticker symbols will commence on 8 January 2010.

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

- ends -

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCDMGGMGDVGGZZ
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