Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
Form Phorm's website - no doubt a place where you all fear to tread !
"Phorm's outstanding shares trade under two ticker symbols: PHRM and PHRX. The PHRM shares are subject to certain trading restrictions. The PHRX shares are unrestricted.
As of 3 March, 2008, we had a total of 11,370,898 PHRM shares outstanding. Of the PHRM shares, 434,000 shares were issued on 22 June, 2007, these shares remain subject to the one-year distribution compliance restrictions on sales to US persons pursuant to Regulation S under the US Securities Act of 1933, as amended. The remainder of our PHRM shares are not subject to distribution compliance restrictions under Regulation S. However, all our PHRM shares contain US Securities Act of 1933 legends, and absent registration, holders must have an available exemption (e.g. Rule 144) in connection with any sales to US persons.
As of 3 March, 2008, we had a total of 850,326 PHRX shares outstanding. The PHRX shares do not contain any restrictive legend. In general, these shares are freely tradable unless they are held by persons who are (or during the last three months were) affiliates of Phorm."
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