Phorm Inc Transfer of Shares (7804G)

TIDMPHRM

RNS Number : 7804G

Phorm Inc

03 July 2012

3 July 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 between the unrestricted line, trading under PHRX and the restricted line, trading under PHRM, and from the restricted line, trading under PHRM to the unrestricted line, trading under PHRX.

The transfers are expected to take effect from 3 July 2012.

   Description of Security         Old Ticker Symbol    New Ticker Symbol   No. of Shares 
   ---------------------------              ------------------------      ------------------------- ----------------- 
   Common Shares of              PHRX                         PHRM                         396 

$0.001 each

   Common Shares of              PHRM                         PHRX                         12,500 

$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 74,828,890 will be in the restricted line, trading under PHRM, and 662,625 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 3 July 2012.

For Enquiries

Phorm, Inc.

Mark Williams (analysts & investors) [phone]

Alex Laity (media) [phone]

Liberum Capital [phone]

(Nominated Advisor)

Chris Bowman

Richard Bootle

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This information is provided by RNS

The company news service from the London Stock Exchange

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