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.
China Ceramics Co., Ltd.
CCG Investor Relations Inc.
Edmund Hen, Chief Financial Officer
David Rudnick, Account Manager
SOURCE China Ceramics Co., Ltd.