Transfer of Shares

28 Jan 2008 07:01

Phorm Inc28 January 2008 Phorm, Inc. ("Phorm" or the "Company") Transfer of Shares from Reg S Line (PHRM) to Unrestricted Line (PHRX) Phorm, Inc., (AIM: PHRX and PHRM) an innovative technology company specialisingin behavioural and contextual online advertising, today announces that theCompany has applied to AIM for the following shares to be transferred from theReg S line, trading under PHRM, to the Unrestricted line trading under PHRX.The transfer is expected to take effect from 1 February 2008. Description of Security Old Ticker Symbol New Ticker Symbol No. of Shares---------------------------- ----------------- ----------------- -------------Common Shares of $0.001 each PHRM PHRX 57,000 No new shares have been issued and the transfer arises by virtue of theexpiration of the restrictions on the stock under U.S. securities law. Followingthe transfer of these shares the Company still has a total of 12,165,390 issuedand outstanding Common Shares. Following the transfer 11,315,064 will be tradingon AIM under the ticker PHRM, the 'Reg S line' and 850,326 will be trading onAIM under the ticker PHRX, the 'unrestricted line'. Dealings in the shares under the new ticker symbol are expected to commence on 31 January 2008. Phorm, Inc. +44 870 405 7722Kent Ertugrul (Chairman & Chief Executive) Citigate Dewe Rogerson +44 20 7638 9571Simon RigbyJustin Griffiths Canaccord Adams Limited +44 20 7050 6500Nominated AdviserMark WilliamsAndrew Chubb - ends - This information is provided by RNS The company news service from the London Stock Exchange