Pharming provides update on outstanding number of shares
(Thomson Reuters ONE) - Leiden, The Netherlands, September 11, 2009. Biotech companyPharming Group NV ("Pharming") (NYSE Euronext: PHARM) today providedan update on its outstanding number of shares following transactionswith YA Global Master SPV LTD ("YA Global").Under the Standby Equity Distribution Agreement with YA Global,Pharming issued a total of 1,852,230 ordinary shares for a cashconsideration of ? 1.0 million. As a result of the abovetransactions, Pharming's total number of outstanding ordinary sharesis currently 115,788,785 shares.About Pharming Group NVPharming Group NV is developing innovative products for the treatmentof genetic disorders, ageing diseases, specialty products forsurgical indications, intermediates for various applications andnutritional products. Pharming has two products in late stagedevelopment - Rhucin® for Hereditary Angioedema and human Lactoferrinfor use in food products and one product in early stage clinicaldevelopment - Prodarsan® for Cockayne Syndrome. The advancedtechnologies of the Company include innovative platforms for theproduction of protein therapeutics, technology and processes for thepurification and formulation of these products, as well as technologyin the field of DNA repair (via DNage). Additional information isavailable on the Pharming website, http://www.pharming.com.This press release contains forward looking statements that involveknown and unknown risks, uncertainties and other factors, which maycause the actual results, performance or achievements of the Companyto be materially different from the results, performance orachievements expressed or implied by these forward lookingstatements.Contact:Ms. Marjolein van Helmond, Pharming Group NV, T: +31 (0)71 52 47 431or +31 (0)6 109 299 54http://hugin.info/132866/R/1340819/320530.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 11.09.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 5707
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