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Phorm Corporation (PHRM)

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Monday 06 January, 2014

Phorm Corporation

Exercise of Employee Warrants for Shares

RNS Number : 8870W
Phorm Corporation Limited
06 January 2014
 

6 January 2014

 

Phorm Corporation Limited ("Phorm" or the "Company")

 

Exercise of Employee Warrants for Shares

 

Phorm (AIM: PHRM), a leading internet personalization technology company, announces today that it has issued 150,000 ordinary shares of nil par value in the capital of the Company further to the exercise of warrants for shares previously issued to employees.

 

Application will be made for the shares to be admitted to trading on AIM and trading is expected to commence at 8.00am on 9 January 2014.

 

Following the issue, the total issued share capital of the Company will comprise 529,483,695 ordinary shares.

 

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Contact

 

Phorm Corporation Limited

 

Andy Croxson (analysts & investors) +44 207 297 2067

 

UK Investors

Mirabaud Securities LLP +44 20 7321 2508 (Joint Broker)

 

Jason Woollard

Peter Krens

 

Liberum Capital +44 20 3100 2222 (Nominated Advisor and Joint Broker)

 

Chris Bowman

Richard Bootle

 

US Investors

Lippert Heilshorn and Associates +1 212 838 3777 (Investor Relations)

 

John Heilshorn

 

About Phorm

 

Phorm is a global personalization technology company that makes content and advertising more relevant to the consumer. Phorm's innovative platform preserves user privacy and delivers a more interesting online experience.

 

Phorm's industry leading technology enables its ISP partners to offer a new type of online advertising platform and a free consumer internet content feature, ensuring more relevant advertisements and personalized content for opted-in users.

 

Phorm's advertising platform revolutionizes current standards of online privacy, fully protecting the identity of consumers. Unlike virtually all other targeted advertising propositions, Phorm's solution is completely opt-in. Only those users consenting to the service are profiled and only ever on an anonymous basis.

 

Phorm's partners include leading Internet Service Providers (ISPs), Publishers, Advertising Networks and Advertisers.

 

Phorm, under a predecessor holding company, was admitted to the AIM market of the London Stock Exchange in 2004.

 

For more information, please visit: www.phorm.com


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