14th Oct 2008 10:15
Phorm, Inc. ("Phorm" or the "Company")
Cancellation of admission of shares
The Company (AIM: PHRM and PHRX) announces today that 30,000 common shares of $0.001 each in the capital of the Company ("Common Shares") were cancelled from trading on the AIM market as a result of forfeiture by a former employee pursuant to Phorm's restricted stock agreement. The cancelled shares were part of the Company's PHRM/;Reg S' line of stock.
Following the cancellation of admission of these shares the Company will have a total of 13,814,863 issued and outstanding Common Shares. Of which 13,014,537 will be trading on AIM under the ticker PHRM, the 'Reg S line' and 800,326 will be trading on AIM under the ticker PHRX, the 'unrestricted line'. Phorm does not hold any shares in Treasury.
For Phorm Enquiries:
|
Kent Ertugrul (Chief Executive) |
+44 20 7297 2481 |
|
Lynne Millar (Chief Financial Officer) |
|
|
Citigate Dewe Rogerson |
+44 20 7638 9571 |
|
Simon Rigby |
|
|
Justin Griffiths |
|
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Canaccord Adams Limited |
+44 20 7050 6500 |
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(Nominated Adviser) |
|
|
Mark Williams |
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|
Andrew Chubb |
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Related Shares:
PHRM.L