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Disclosure of Share Sale

5th Nov 2008 07:46

RNS Number : 4705H
Phorm Inc
05 November 2008
 



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

Disclosure of Share Sale

Phorm (AIM: PHRM and PHRX) announces that on 31 October 2008 it was notified that on 10 October 2008, Valerie Boffy, the partner of Phorm CEO, Kent Ertugrul, sold 5,000 common shares of $0.001 each in the capital of the Company ("Shares") at a price of £4 per Share. Accordingly, following this sale, Ms Boffy holds 302,500 Shares representing 2.19% of the total issued voting shares of the Company.  The Company is making this voluntary disclosure of information.

For Phorm Enquiries:

Kent Ertugrul (Chief Executive)

+44 20 7638 9571

Lynne Millar (Chief Financial Officer)

Citigate Dewe Rogerson

+44 20 7638 9571

Simon Rigby

Justin Griffiths

Canaccord Adams Limited

+44 20 7050 6500

(Nominated Adviser)

Mark Williams

Andrew Chubb

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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