1 Mar 2012 07:00
1 March 2012
Phorm, Inc. ("Phorm" or the "Company")
Transfer of Shares
Phorm, Inc., (AIM: PHRX and PHRM), today announces that the Company has applied to AIM for the following shares to be transferred from the unrestricted line, trading under PHRX, to the restricted line, trading under PHRM.
The transfers are expected to take effect from 1 March 2012.
Description of Security Old Ticker Symbol New Ticker Symbol No. of Shares
--------------------------- ------------------------ ------------------------- -----------------
Common Shares of PHRX PHRM 60,513
$0.001 each
Following the transfer of these shares the Company still has a total of 75,491,515 issued and outstanding Common Shares trading on AIM, of which 74,743,503 will be in the restricted line, trading under PHRM, and 748,012 in the unrestricted line, trading under PHRX. 45,000 of the aforementioned PHRM Common Shares are held in treasury.
No new shares have been issued and dealings in the shares under the new ticker symbols are expected to commence on 1 March 2012.
For Enquiries
Phorm, Inc.
Mark Williams (analysts & investors) +44 20 7297 2326
Alex Laity (media) +44 20 7297 2710
Canaccord Genuity Limited +44 20 7050 6500
(Nominated Advisor)
Simon Bridges
Andrew Chubb
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