JINJIANG, China, Oct. 24, 2012 /PRNewswire/ -- China Ceramics Co.,
Ltd. (NASDAQ Global Market: CCCL, CCCLW, CCCLU) ("China Ceramics"
or the "Company"), a leading Chinese manufacturer of ceramic tiles
used for exterior siding and for interior flooring and design in
residential and commercial buildings, today confirmed today that
its share purchase warrants, which publicly trade under the symbol
"CCCLW" on the NASDAQ Global Market, will expire and cease to trade
at 5:00 p.m., New York City time on November 16, 2012.
China Ceramics will extend a three trading day broker protect
period for any trades of the CCCLW warrants that occur through the
scheduled expiration date. Holders wishing to exercise the CCCLW
warrants must deliver funds for the exercise by 5:00 p.m., New York
City time on November 16,
2012, the scheduled expiration date, and the warrant
holders' brokers have until 5:00
p.m., New York City time on
November 21, 2012 to complete the
transaction with China Ceramic's transfer agent, Continental Stock
Transfer & Trust Company. The exercise price of the CCCLW
warrants is $7.50 per share.
In order to exercise a warrant, the warrant holder may contact
his or her broker, who will be able to electronically exercise the
warrant through a system operated by The Depository Trust &
Clearing Corporation (DTCC). Brokers are encouraged to contact the
Company's transfer agent, Continental Stock Transfer & Trust
Company, by telephoning Michael
Mullings, Vice President, at 212-845-3217 in advance of the
expiration date to confirm the procedures for exercising warrants
and payment of exercise prices in light of the broker protect
period.
About China Ceramics Co., Ltd
China Ceramics Co., Ltd. is a leading manufacturer of ceramic
tiles in China. The Company's
ceramic tiles are used for exterior siding, interior flooring, and
design in residential and commercial buildings. China Ceramics'
products, sold under the "Hengda" or "HD", "Hengdeli" or "HDL", the
"TOERTO" and "WULIQIAO" brands, and the "Pottery Capital of Tang
Dynasty" brands, are available in over 2,000 style, color and size
combinations and are distributed through a network of exclusive
distributors as well as directly to large property developers. For
more information, please visit http://www.cceramics.com.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to our
beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and
involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause the actual
results, performance, capital, ownership or achievements of the
Company to be materially different from future results, performance
or achievements expressed or implied by such forward-looking
statements. All statements other than statements of historical fact
are statements that could be forward-looking statements. You can
identify these forward-looking statements through our use of words
such as "may," "will," "anticipate," "assume," "should,"
"indicate," "would," "believe," "contemplate," "expect,"
"estimate," "continue," "plan," "point to," "project," "could,"
"intend," "target" and other similar words and expressions of the
future.
All written or oral forward-looking statements attributable
to us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our annual report on Form 20-F for the
year ended December 31, 2011 and
otherwise in our SEC reports and filings, including the final
prospectus for our offering. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
Contact
Information:
|
|
China Ceramics Co.,
Ltd.
|
CCG Investor Relations
Inc.
|
Edmund Hen, Chief
Financial
Officer
|
David Rudnick, Account
Manager
|
Email:
info@cceramics.com
|
Email:
david.rudnick@ccgir.com
|
|
Phone:
+1-646-626-4172
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SOURCE China Ceramics Co., Ltd.