Share Issue

13 Mar 2009 14:46



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

Share Issue

The Company (AIM: PHRM and PHRX) announces that application has been made to AIM to admit 17,000 new common shares of $0.001 each in the capital of the Company ('New Shares'). It is expected that trading in the New Shares will commence on 17 March 2009 under the ticker 'PHRM'. The New Shares were issued in relation to consulting and other agreements. 

Following this share issue, the Company will have 13,044,037 voting common shares in issue, none of which are in treasury.

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