PHRM Phorm Corp

TIDMPHRM

RNS Number : 4424Y

Phorm Inc

01 March 2012

1 March 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 from the unrestricted line, trading under PHRX, to the restricted line, trading under PHRM.

The transfers are expected to take effect from 1 March 2012.

   Description of Security         Old Ticker Symbol     New Ticker Symbol   No. of Shares 
   ---------------------------              ------------------------      ------------------------- ----------------- 
   Common Shares of               PHRX                          PHRM                         60,513 

$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 74,743,503 will be in the restricted line, trading under PHRM, and 748,012 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 1 March 2012.

For Enquiries

Phorm, Inc.

Mark Williams (analysts & investors) +44 20 7297 2326

Alex Laity (media) +44 20 7297 2710

Canaccord Genuity Limited +44 20 7050 6500

(Nominated Advisor)

Simon Bridges

Andrew Chubb

- ends -

This information is provided by RNS

The company news service from the London Stock Exchange

END

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