0001104659-14-007657.txt : 20140210 0001104659-14-007657.hdr.sgml : 20140210 20140207212727 ACCESSION NUMBER: 0001104659-14-007657 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20140210 DATE AS OF CHANGE: 20140207 GROUP MEMBERS: DAVID M. KNOTT GROUP MEMBERS: DORSET MANAGEMENT CORP GROUP MEMBERS: KNOTT PARTNERS OFFSHORE MASTER FUND, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: China Ceramics Co., Ltd CENTRAL INDEX KEY: 0001470683 STANDARD INDUSTRIAL CLASSIFICATION: STRUCTURAL CLAY PRODUCTS [3250] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85253 FILM NUMBER: 14586001 BUSINESS ADDRESS: STREET 1: C/O JINJIANG HENGDA CERAMICS CO., LTD. STREET 2: JUNBING INDUSTRIAL ZONE, ANHAI, JINJIANG CITY: FUJIAN PROVINCE, STATE: F4 ZIP: 00000 BUSINESS PHONE: 86 (595) 8576 5051 MAIL ADDRESS: STREET 1: C/O JINJIANG HENGDA CERAMICS CO., LTD. STREET 2: JUNBING INDUSTRIAL ZONE, ANHAI, JINJIANG CITY: FUJIAN PROVINCE, STATE: F4 ZIP: 00000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KNOTT PARTNERS LP CENTRAL INDEX KEY: 0001077285 IRS NUMBER: 000000000 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 485 UNDERHILL BOULEVARD CITY: SYOSSET STATE: NY ZIP: 11791 BUSINESS PHONE: 516-364-0303 MAIL ADDRESS: STREET 1: 485 UNDERHILL BOULEVARD, SUITE 205 CITY: SYOSSET STATE: NY ZIP: 11791 SC 13D/A 1 a14-5342_1sc13da.htm SC 13D/A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

(Amendment No. 2)*

 

Under the Securities Exchange Act of 1934

CHINA CERAMICS CO., LTD.

(Name of Issuer)

 

Ordinary Shares, par value $0.001 per share

(Title of Class of Securities)

 

G2113X100

(CUSIP Number)

 

David M. Knott

485 Underhill Boulevard, Suite 205

Syosset, New York 11791

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

August 3, 2012

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 



 

CUSIP No.   G2113X100

 

 

1

Names of Reporting Persons:
David M. Knott

I.R.S. Identification Nos. of Above Persons (Entities Only):

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions):

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only:

 

 

4

Source of Funds (See Instructions):
WC

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):  o

 

 

6

Citizenship or Place of Organization:
United States of America

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power:
233,257

 

8

Shared Voting Power:

 

9

Sole Dispositive Power:
233,257

 

10

Shared Dispositive Power:

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person:
233,257

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  o

 

 

13

Percent of Class Represented by Amount in Row (11):
1.14%(1)

 

 

14

Type of Reporting Person (See Instructions):
IN

 


(1)         Based on 20,430,838 shares of the Company’s Ordinary Shares outstanding on September 30, 2013, as disclosed in the Company’s Report of Foreign Private Issuer on Form 6-K, furnished by the Company on November 13, 2013.

 

2



 

CUSIP No.   G2113X100

 

 

1

Names of Reporting Persons:
Dorset Management Corporation

I.R.S. Identification Nos. of Above Persons (Entities Only):

11-2873658

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions):

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only:

 

 

4

Source of Funds (See Instructions):
WC

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):  o

 

 

6

Citizenship or Place of Organization:
New York

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power:
233,257

 

8

Shared Voting Power:

 

9

Sole Dispositive Power:
233,257

 

10

Shared Dispositive Power:

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person:
233,257

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  o

 

 

13

Percent of Class Represented by Amount in Row (11):
1.14%(1)

 

 

14

Type of Reporting Person (See Instructions):
CO

 


(1)   Based on 20,430,838 shares of the Company’s Ordinary Shares outstanding on September 30, 2013, as disclosed in the Company’s Report of Foreign Private Issuer on Form 6-K, furnished by the Company on November 13, 2013.

 

3



 

CUSIP No.   G2113X100

 

 

1

Names of Reporting Persons:
Knott Partners, L.P.

I.R.S. Identification Nos. of Above Persons (Entities Only):

11-2835793

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions):

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only:

 

 

4

Source of Funds (See Instructions):
WC

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):  o

 

 

6

Citizenship or Place of Organization:
New Jersey

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power:
187,000

 

8

Shared Voting Power:

 

9

Sole Dispositive Power:
187,000

 

10

Shared Dispositive Power:

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person:
187,000

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  o

 

 

13

Percent of Class Represented by Amount in Row (11):
0.92%(1)

 

 

14

Type of Reporting Person (See Instructions):
PN

 


(1)   Based on 20,430,838 shares of the Company’s Ordinary Shares outstanding on September 30, 2013, as disclosed in the Company’s Report of Foreign Private Issuer on Form 6-K, furnished by the Company on November 13, 2013.

 

4



 

CUSIP No.   G2113X100

 

 

1

Names of Reporting Persons:
Knott Partners Offshore Master Fund, L.P.

I.R.S. Identification Nos. of Above Persons (Entities Only):

41-2221142

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions):

 

 

(a)

 o

 

 

(b)

 o

 

 

3

SEC Use Only:

 

 

4

Source of Funds (See Instructions):
WC

 

 

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):  o

 

 

6

Citizenship or Place of Organization:
Cayman Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power:
6,757

 

8

Shared Voting Power:

 

9

Sole Dispositive Power:
6,757

 

10

Shared Dispositive Power:

 

 

11

Aggregate Amount Beneficially Owned by Each Reporting Person:
6,757

 

 

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):  o

 

 

13

Percent of Class Represented by Amount in Row (11):
0.03%(1)

 

 

14

Type of Reporting Person (See Instructions):
PN

 


(1)   Based on 20,430,838 shares of the Company’s Ordinary Shares outstanding on September 30, 2013, as disclosed in the Company’s Report of Foreign Private Issuer on Form 6-K, furnished by the Company on November 13, 2013.

 

5



 

Amendment No. 2 to Schedule 13D

 

This statement on Schedule 13D/A amends and supplements the Schedule 13D filed October 4, 2011 (the “Initial Schedule 13D”), as amended by Amendment No. 1 filed February 23, 2012 (“Amendment No. 1,” and together with the Initial Schedule 13D, the “Schedule 13D”) filed by David M. Knott, Dorset Management Corporation, Knott Partners, L.P. and Knott Partners Offshore Master Fund, L.P., with respect to the Ordinary Shares of China Ceramics Co., Ltd. (the “Company”). Capitalized terms used and not defined in this Amendment No. 2 shall have the meanings set forth in the Schedule 13D. Except as specifically provided herein, this Amendment No. 2 does not modify any of the information previously reported in the Schedule 13D.

 

Item 3. Source and Amount of Funds or Other Consideration

 

Item 3 of Schedule 13D is hereby supplemented as follows:

 

The source of funds used in making the purchase on December 19, 2013, of the Ordinary Shares purchased indirectly by Mr. Knott through Knott Partners, L.P. was the portfolio assets of Knott Partners, L.P. on whose behalf Mr. Knott purchased the Ordinary Shares. The aggregate amount of consideration used by the Reporting Persons in making such purchase was $62,116.

 

Item 4. Purpose of Transaction

 

Item 4 of Schedule 13D is hereby supplemented as follows:

 

The disclosure in Item 5(c) regarding the transactions of Ordinary Shares of the Company is incorporated by referenced herein.

 

Item 5. Interest in Securities of the Issuer

 

Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:

 

(a) and (b) Items 7 through 11 and 13 of each of the cover pages of this Schedule 13D are incorporated herein by reference.

 

Based on 20,430,838 Ordinary Shares outstanding on March 31, 2012 (as disclosed in the Company’s Report of Foreign Private Issuer on Form 6-K furnished by the Company on May 16, 2012), as of August 3, 2012, the Reporting Persons beneficially owned an aggregate of 1,039,470 Ordinary Shares, representing 5.08% of the Ordinary Shares outstanding. Based on 20,430,838 Ordinary Shares outstanding on September 30, 2013 (as disclosed in the Company’s Report of Foreign Private Issuer on Form 6-K furnished by the Company on November 13, 2013), as of the filing date of this Schedule 13D, the Reporting Persons beneficially own an aggregate of 233,257 Ordinary Shares, representing approximately 1.14% of the Ordinary Shares outstanding.

 

(c) The open market transactions described in Appendix A to this Schedule 13D reflect all transactions in the class of securities reported on that were effected during the sixty days prior to the date of the event which required the filing of this Schedule 13D and all transactions since that date until the filing of this Schedule 13D.

 

(d) The Reporting Persons do not know of any other persons having the right to receive or the power to direct the receipt of dividends from, or the proceeds of sale of, the Ordinary Shares beneficially owned by the Reporting Persons.

 

(e) Based on 20,430,838 Ordinary Shares outstanding on March 31, 2012 (as disclosed in the Company’s Report of Foreign Private Issuer on Form 6-K furnished by the Company on May 16, 2012), as of August 13, 2012, each of the reporting persons ceased to be the beneficial owner of more than five percent (5%) of the Ordinary Shares.

 

Item 7. Material to be Filed as Exhibits

 

Exhibit

 

Description

 

 

 

Exhibit 99.1

 

Agreement of Joint Filing

 

6



 

SIGNATURES

 

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Date: February 7, 2014

 

 

/s/ David M. Knott

 

DAVID M. KNOTT

 

 

 

DORSET MANAGEMENT CORPORATION

 

 

 

 

By:

/s/ David M. Knott

 

 

 

 

 

Name:

David M. Knott

 

 

 

 

 

 

Title:

President

 

 

 

 

KNOTT PARTNERS, L.P.

 

 

 

 

By:

Knott Partners Management, LLC,

 

 

 

 

 

Its managing general partner

 

 

 

 

By:

/s/ David M. Knott

 

 

 

 

 

Name:

David M. Knott

 

 

 

 

 

 

Title:

Managing Member

 

 

 

 

KNOTT PARTNERS OFFSHORE MASTER FUND, L.P.

 

 

 

 

By:

Knott Partners Management, LLC,

 

 

 

 

 

Its sole general partner

 

 

 

 

By:

/s/ David M. Knott

 

 

 

 

 

Name:

David M. Knott

 

 

 

 

 

 

Title:

Managing Member

 

7



 

Appendix A

 

Name of Selling Entity

 

Date

 

Number of Shares

 

Transaction Type

 

Per
Share
Price

 

Knott Partners Offshore Master Fund, L.P.

 

6/5/2012

 

802

 

Sale

 

$

2.7958

 

Mulsanne Partners, L.P.

 

6/5/2012

 

400

 

Sale

 

$

2.7958

 

Knott Partners Offshore Master Fund, L.P.

 

6/6/2012

 

5,100

 

Sale

 

$

2.7588

 

Mulsanne Partners, L.P.

 

6/6/2012

 

2,400

 

Sale

 

$

2.7588

 

Knott Partners Offshore Master Fund, L.P.

 

6/7/2012

 

13,800

 

Sale

 

$

2.7886

 

Mulsanne Partners, L.P.

 

6/7/2012

 

6,200

 

Sale

 

$

2.7886

 

Knott Partners Offshore Master Fund, L.P.

 

6/8/2012

 

9,710

 

Sale

 

$

2.7726

 

Mulsanne Partners, L.P.

 

6/8/2012

 

4,100

 

Sale

 

$

2.7726

 

Knott Partners Offshore Master Fund, L.P.

 

6/11/2012

 

1,550

 

Sale

 

$

2.7533

 

Mulsanne Partners, L.P.

 

6/11/2012

 

700

 

Sale

 

$

2.7533

 

Knott Partners Offshore Master Fund, L.P.

 

6/12/2012

 

7,300

 

Sale

 

$

2.7969

 

Mulsanne Partners, L.P.

 

6/12/2012

 

2,900

 

Sale

 

$

2.7969

 

Knott Partners Offshore Master Fund, L.P.

 

6/13/2012

 

900

 

Sale

 

$

2.85

 

Mulsanne Partners, L.P.

 

6/13/2012

 

400

 

Sale

 

$

2.85

 

Knott Partners Offshore Master Fund, L.P.

 

6/14/2012

 

1,000

 

Sale

 

$

2.7507

 

Mulsanne Partners, L.P.

 

6/14/2012

 

400

 

Sale

 

$

2.7507

 

Mulsanne Partners, L.P.

 

6/15/2012

 

200

 

Sale

 

$

2.745

 

Knott Partners Offshore Master Fund, L.P.

 

6/18/2012

 

14,700

 

Sale

 

$

2.6004

 

Mulsanne Partners, L.P.

 

6/18/2012

 

5,300

 

Sale

 

$

2.6004

 

Knott Partners Offshore Master Fund, L.P.

 

6/19/2012

 

2,100

 

Sale

 

$

2.75

 

Mulsanne Partners, L.P.

 

6/19/2012

 

700

 

Sale

 

$

2.75

 

 

8



 

Knott Partners Offshore Master Fund, L.P.

 

6/20/2012

 

33,500

 

Sale

 

$

2.6914

 

Mulsanne Partners, L.P.

 

6/20/2012

 

9,100

 

Sale

 

$

2.6914

 

Knott Partners, L.P.

 

7/30/2012

 

200

 

Sale

 

$

2.75

 

Shoshone Partners, L.P.

 

7/30/2012

 

100

 

Sale

 

$

2.75

 

Knott Partners, L.P.

 

7/31/2012

 

12,900

 

Sale

 

$

2.7503

 

Knott Partners Offshore Master Fund, L.P.

 

7/31/2012

 

3,200

 

Sale

 

$

2.7503

 

Shoshone Partners, L.P.

 

7/31/2012

 

3,700

 

Sale

 

$

2.7503

 

Knott Partners, L.P.

 

8/3/2012

 

38,000

 

Sale

 

$

2.6109

 

Knott Partners Offshore Master Fund, L.P.

 

8/3/2012

 

11,800

 

Sale

 

$

2.6109

 

Shoshone Partners, L.P.

 

8/3/2012

 

10,200

 

Sale

 

$

2.6109

 

Knott Partners, L.P.

 

8/7/2012

 

7,000

 

Sale

 

$

2.6510

 

Knott Partners Offshore Master Fund, L.P.

 

8/7/2012

 

1,200

 

Sale

 

$

2.6510

 

Shoshone Partners, L.P.

 

8/7/2012

 

1,800

 

Sale

 

$

2.6510

 

Knott Partners, L.P.

 

8/9/2012

 

3,400

 

Sale

 

$

2.6511

 

Knott Partners Offshore Master Fund, L.P.

 

8/9/2012

 

1,500

 

Sale

 

$

2.6511

 

Shoshone Partners, L.P.

 

8/9/2012

 

1,200

 

Sale

 

$

2.6511

 

Knott Partners, L.P.

 

8/10/2012

 

500

 

Sale

 

$

2.70

 

Knott Partners Offshore Master Fund, L.P.

 

8/10/2012

 

600

 

Sale

 

$

2.70

 

Mulsanne Partners, L.P.

 

8/10/2012

 

200

 

Sale

 

$

2.70

 

Knott Partners, L.P.

 

8/13/2012

 

1,000

 

Sale

 

$

2.70

 

Knott Partners Offshore Master Fund, L.P.

 

8/13/2012

 

700

 

Sale

 

$

2.70

 

Shoshone Partners, L.P.

 

8/13/2012

 

400

 

Sale

 

$

2.70

 

Knott Partners, L.P.

 

8/15/2012

 

4,800

 

Sale

 

$

2.66

 

Knott Partners Offshore Master Fund, L.P.

 

8/15/2012

 

1,400

 

Sale

 

$

2.66

 

Shoshone Partners, L.P.

 

8/15/2012

 

1,300

 

Sale

 

$

2.66

 

Knott Partners Offshore Master Fund, L.P.

 

8/24/2012

 

100

 

Sale

 

$

2.59

 

Knott Partners Offshore Master Fund, L.P.

 

8/28/2012

 

9,312

 

Sale

 

$

2.5094

 

Knott Partners Offshore Master Fund, L.P.

 

8/29/2012

 

1,706

 

Sale

 

$

2.35

 

Knott Partners Offshore Master Fund, L.P.

 

9/4/2012

 

100

 

Sale

 

$

2.50

 

Knott Partners Offshore Master Fund, L.P.

 

9/5/2012

 

200

 

Sale

 

$

2.50

 

Knott Partners Offshore Master Fund, L.P.

 

9/6/2012

 

400

 

Sale

 

$

2.50

 

 

9



 

Knott Partners Offshore Master Fund, L.P.

 

9/11/2012

 

500

 

Sale

 

$

2.50

 

Knott Partners Offshore Master Fund, L.P.

 

9/12/2012

 

21,110

 

Sale

 

$

2.0333

 

Knott Partners Offshore Master Fund, L.P.

 

9/13/2012

 

26,634

 

Sale

 

$

1.8793

 

Knott Partners Offshore Master Fund, L.P.

 

9/14/2012

 

15,640

 

Sale

 

$

1.887

 

Knott Partners Offshore Master Fund, L.P.

 

9/17/2012

 

3,658

 

Sale

 

$

1.85

 

Knott Partners Offshore Master Fund, L.P.

 

9/18/2012

 

5,000

 

Sale

 

$

1.85

 

Knott Partners Offshore Master Fund, L.P.

 

9/20/2012

 

230

 

Sale

 

$

1.8343

 

Knott Partners Offshore Master Fund, L.P.

 

9/24/2012

 

13,145

 

Sale

 

$

1.7713

 

Shoshone Partners, L.P.

 

9/24/2012

 

200

 

Sale

 

$

1.7713

 

Knott Partners Offshore Master Fund, L.P.

 

9/24/2012

 

8,455

 

Sale

 

$

1.80

 

Knott Partners Offshore Master Fund, L.P.

 

9/25/2012

 

2,296

 

Sale

 

$

1.83

 

Knott Partners Offshore Master Fund, L.P.

 

9/26/2012

 

1,000

 

Sale

 

$

1.85

 

Knott Partners Offshore Master Fund, L.P.

 

9/27/2012

 

17,504

 

Sale

 

$

1.7715

 

Knott Partners Offshore Master Fund, L.P.

 

9/28/2012

 

1,050

 

Sale

 

$

1.85

 

Knott Partners, L.P.

 

10/1/2012

 

19,100

 

Sale

 

$

1.76

 

Knott Partners Offshore Master Fund, L.P.

 

10/1/2012

 

1,361

 

Sale

 

$

1.76

 

Shoshone Partners, L.P.

 

10/1/2012

 

5,200

 

Sale

 

$

1.76

 

Knott Partners, L.P.

 

10/2/2012

 

80,600

 

Sale

 

$

1.6559

 

Knott Partners Offshore Master Fund, L.P.

 

10/2/2012

 

7,800

 

Sale

 

$

1.6559

 

Shoshone Partners, L.P.

 

10/2/2012

 

21,600

 

Sale

 

$

1.6559

 

Knott Partners, L.P.

 

10/5/2012

 

36,700

 

Sale

 

$

1.5055

 

Knott Partners Offshore Master Fund, L.P.

 

10/5/2012

 

3,500

 

Sale

 

$

1.5055

 

Shoshone Partners, L.P.

 

10/5/2012

 

9,800

 

Sale

 

$

1.5055

 

Knott Partners, L.P.

 

10/12/2012

 

400

 

Sale

 

$

1.55

 

Knott Partners Offshore Master Fund, L.P.

 

10/12/2012

 

800

 

Sale

 

$

1.55

 

Shoshone Partners, L.P.

 

10/12/2012

 

600

 

Sale

 

$

1.55

 

Knott Partners, L.P.

 

10/15/2012

 

3,000

 

Sale

 

$

1.5539

 

Knott Partners Offshore Master Fund, L.P.

 

10/15/2012

 

1,270

 

Sale

 

$

1.5539

 

Shoshone Partners, L.P.

 

10/15/2012

 

900

 

Sale

 

$

1.5539

 

Knott Partners, L.P.

 

10/16/2012

 

2,400

 

Sale

 

$

1.50

 

Knott Partners Offshore Master Fund, L.P.

 

10/16/2012

 

600

 

Sale

 

$

1.50

 

 

10



 

Shoshone Partners, L.P.

 

10/16/2012

 

800

 

Sale

 

$

1.50

 

Knott Partners, L.P.

 

10/17/2012

 

300

 

Sale

 

$

1.53

 

Knott Partners, L.P.

 

10/18/2012

 

1000

 

Sale

 

$

1.50

 

Shoshone Partners, L.P.

 

10/18/2012

 

327

 

Sale

 

$

1.50

 

Knott Partners, L.P.

 

10/22/2012

 

36,600

 

Sale

 

$

1.48

 

Knott Partners Offshore Master Fund, L.P.

 

10/22/2012

 

3,500

 

Sale

 

$

1.48

 

Shoshone Partners, L.P.

 

10/22/2012

 

9,900

 

Sale

 

$

1.48

 

Knott Partners, L.P.

 

10/22/2012

 

3,700

 

Sale

 

$

1.50

 

Knott Partners Offshore Master Fund, L.P.

 

10/22/2012

 

400

 

Sale

 

$

1.50

 

Shoshone Partners, L.P.

 

10/22/2012

 

900

 

Sale

 

$

1.50

 

Knott Partners, L.P.

 

10/23/2012

 

7,100

 

Sale

 

$

1.50

 

Knott Partners Offshore Master Fund, L.P.

 

10/23/2012

 

600

 

Sale

 

$

1.50

 

Shoshone Partners, L.P.

 

10/23/2012

 

1,800

 

Sale

 

$

1.50

 

Knott Partners, L.P.

 

10/24/2012

 

400

 

Sale

 

$

1.55

 

Shoshone Partners, L.P.

 

10/24/2012

 

150

 

Sale

 

$

1.55

 

Knott Partners, L.P.

 

11/2/2012

 

7,500

 

Sale

 

$

1.5020

 

Knott Partners Offshore Master Fund, L.P.

 

11/2/2012

 

700

 

Sale

 

$

1.5020

 

Shoshone Partners, L.P.

 

11/2/2012

 

1,800

 

Sale

 

$

1.5020

 

Knott Partners, L.P.

 

11/6/2012

 

7,600

 

Sale

 

$

1.5014

 

Knott Partners Offshore Master Fund, L.P.

 

11/6/2012

 

300

 

Sale

 

$

1.5014

 

Shoshone Partners, L.P.

 

11/6/2012

 

2,100

 

Sale

 

$

1.5014

 

Knott Partners, L.P.

 

11/7/2012

 

15,000

 

Sale

 

$

1.50

 

Knott Partners Offshore Master Fund, L.P.

 

11/7/2012

 

1,200

 

Sale

 

$

1.50

 

Shoshone Partners, L.P.

 

11/7/2012

 

3,800

 

Sale

 

$

1.50

 

Knott Partners, L.P.

 

11/8/2012

 

72,900

 

Sale

 

$

1.50

 

Knott Partners Offshore Master Fund, L.P.

 

11/8/2012

 

7,500

 

Sale

 

$

1.50

 

Shoshone Partners, L.P.

 

11/8/2012

 

19,600

 

Sale

 

$

1.50

 

Knott Partners, L.P.

 

11/9/2012

 

43,900

 

Sale

 

$

1.4884

 

Knott Partners Offshore Master Fund, L.P.

 

11/9/2012

 

4,400

 

Sale

 

$

1.4884

 

Shoshone Partners, L.P.

 

11/9/2012

 

11,700

 

Sale

 

$

1.4884

 

Knott Partners, L.P.

 

11/12/2012

 

500

 

Sale

 

$

1.50

 

 

11



 

Knott Partners Offshore Master Fund, L.P.

 

11/12/2012

 

117

 

Sale

 

$

1.50

 

Knott Partners, L.P.

 

11/13/2012

 

36,600

 

Sale

 

$

1.4748

 

Knott Partners Offshore Master Fund, L.P.

 

11/13/2012

 

3,700

 

Sale

 

$

1.4748

 

Shoshone Partners, L.P.

 

11/13/2012

 

9,800

 

Sale

 

$

1.4748

 

Knott Partners, L.P.

 

11/14/2012

 

36,500

 

Sale

 

$

1.4863

 

Knott Partners Offshore Master Fund, L.P.

 

11/14/2012

 

3,500

 

Sale

 

$

1.4863

 

Shoshone Partners, L.P.

 

11/14/2012

 

9,700

 

Sale

 

$

1.4863

 

Knott Partners, L.P.

 

11/15/2012

 

11,100

 

Sale

 

$

1.4856

 

Knott Partners Offshore Master Fund, L.P.

 

11/15/2012

 

1,125

 

Sale

 

$

1.4856

 

Shoshone Partners, L.P.

 

11/15/2012

 

3,000

 

Sale

 

$

1.4856

 

Knott Partners, L.P.

 

11/16/2012

 

14,500

 

Sale

 

$

1.50

 

Knott Partners Offshore Master Fund, L.P.

 

11/16/2012

 

1,600

 

Sale

 

$

1.50

 

Shoshone Partners, L.P.

 

11/16/2012

 

3,900

 

Sale

 

$

1.50

 

Knott Partners, L.P.

 

11/19/2012

 

51,300

 

Sale

 

$

1.6070

 

Shoshone Partners, L.P.

 

11/19/2012

 

923

 

Sale

 

$

1.6070

 

Knott Partners, L.P.

 

12/19/2013

 

29,300

 

Purchase

 

$

2.12

 

Knott Partners Offshore Master Fund, L.P.

 

12/19/2013

 

14,200

 

Sale

 

$

2.12

 

Shoshone Partners, L.P.

 

12/19/2013

 

15,100

 

Sale

 

$

2.12

 

 

12


EX-99.1 2 a14-5342_1ex99d1.htm EX-99.1

Exhibit 99.1

 

Agreement of Joint Filing

 

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby confirm the agreement by and among them to the joint filing on behalf of them of a Statement on Schedule 13D and any and all amendments thereto, with respect to the securities referenced in such statement, as amended, and that this Agreement be included as an Exhibit to such filing. This Agreement may be executed in any number of counterparts each of which shall be deemed to be an original and all of which together shall be deemed to constitute one and the same Agreement.

 

Date: February 7, 2014

 

 

/s/ David M. Knott

 

DAVID M. KNOTT

 

 

 

DORSET MANAGEMENT CORPORATION

 

 

 

By:

/s/ David M. Knott

 

 

 

 

 

 

Name:

David M. Knott

 

 

 

 

 

 

Title:

President

 

 

 

 

 

KNOTT PARTNERS, L.P.

 

 

 

 

 

By:

Knott Partners Management, LLC,

 

 

 

 

 

Its managing general partner

 

 

 

 

 

By:

/s/ David M. Knott

 

 

 

 

 

 

Name:

David M. Knott

 

 

 

 

 

 

Title:

Managing Member

 

 

 

 

 

KNOTT PARTNERS OFFSHORE MASTER FUND, L.P.

 

 

 

 

By:

Knott Partners Management, LLC,

 

 

 

 

 

Its sole general partner

 

 

 

 

 

By:

/s/ David M. Knott

 

 

 

 

 

 

Name:

David M. Knott

 

 

 

 

 

 

Title:

Managing Member