Issue of Equity (2760A)

TIDMACHP

RNS Number : 2760A

Asia Ceramics Holdings PLC

28 March 2012

Asia Ceramics Holdings plc

('Asia Ceramics' or 'the Company')

Equity Placement

Asia Ceramics is pleased to announce that it has entered into an agreement for the issue 678,627 new ordinary shares of 0.5p at a price of 72.5 pence per share ('New Shares') for gross proceeds of GBP492,004 with Better Group (Holding) Co. Ltd.

The New Shares will be issued fully paid and rank pari passu in all respects with the Company's existing ordinary shares in issue. Following Admission the Company's total issued share capital will be 10,990,071 ordinary shares. The New Shares will represent approximately 6.17% of the enlarged issued share capital of the Company. For the purposes of calculating Total Voting Rights shareholders may use the number 10,990,071 as the total number of shares in issue from the date of Admission.

Application will be made for the New Shares to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings in the new shares will commence on 5 April 2012 on AIM.

Enquiries

   Frank Lewis , Chairman           Asia Ceramic Holdings plc           Tel: 07785 273 111 
 
     Shawn Wu, CFO       Asia Ceramics Holdings       Tel: 86-10-68531389 
                          plc 
     James Joyce         WH Ireland Limited           Tel: 020 7220 1666

This information is provided by RNS

The company news service from the London Stock Exchange

END

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