CalciTech Has Successful Introduction to Ofex Market.HAMILTON, Bermuda -- CalciTech Ltd. (Ofex:CLK CLK Clock CLK Clerk CLK CDC2-Like Kinase CLK Corel RAVE (file extension) CLK Chep Lap Kok (Hong Kong airport) CLK Ceska Lekarska Komora (Chech) )(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLKTF)(Freiverkehr:XCH XCH Exchange XCH Christmas Island (airport code) XCH Extended Channel ): At an official breakfast meeting held at the Ofex offices and hosted by Simon Brickles, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ofex, CalciTech was welcomed to the junior UK capital market on 14th July. A plaque plaque (plak) 1. any patch or flat area. 2. a superficial, solid, elevated skin lesion. attachment plaques was presented by Mr Brickles to Roger Leopard, CalciTech's CEO, to commemorate com·mem·o·rate tr.v. com·mem·o·rat·ed, com·mem·o·rat·ing, com·mem·o·rates 1. To honor the memory of with a ceremony. See Synonyms at observe. 2. To serve as a memorial to. the Company's introduction to trading on Ofex. CalciTech's Introduction onto Ofex got off to a good start with nearly 400,000 shares traded and a share price increase of over 4%. CalciTech is the first new listing under the new regulations that has come to the market as a foreign issuer, compliant with SEC regulations. With its compliance driven from the US, all CalciTech's filings can be accessed through the SEC on www.edgar.com. CalciTech's introduction to Ofex was handled by St. Helen's Capital plc. Marc Lakmaaker, Director of Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. for CalciTech stated, "We are very pleased with our first day of trading on Ofex. With substantial trading the following days, and a narrowing spread we can conclude our introduction was a success. We believe that our Ofex listing gives us the opportunity to address a new audience, which we feel is validated val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. by this week's volume and share price increase." "We were attracted to seek a listing on Ofex as it provides a facility to trade in our shares in Europe and settle through the Crest system, at realistic costs for both Company and shareholders." "I would like to invite people to visit our website - www.calcitech.com - which was praised for its content and user friendliness, where along with comprehensive information on the Company, two recently published equity research reports can be found." The Directors of the Company take responsibility for this announcement. This press release contains "forward looking statements" including forward looking statements as that term is defined in Section 27A of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Statements in this press release which are not purely historical are forward looking statements and include any statements regarding beliefs, expectation or intentions concerning the future. Forward looking statements in this press release include, but are not limited to statements which are subject to a number of contingencies and uncertainties, including, but not limited to, market acceptance for CalciTech products, manufacturing of CalciTech products in a commercial setting, obtaining adequate financing and construction management for products and obtaining appropriate permits. It is important to note that the Corporation's actual outcomes may differ materially from those in forward looking statements contained in this press release. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures in the Company's public filings with the Securities and Exchange Commission. |
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