Attached files
file | filename |
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8-K - 8-K - REDDY ICE HOLDINGS INC | a12-2074_18k.htm |
Exhibit 99.1
NEWS RELEASE | ||
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Contacts: |
Steven J. Janusek | |
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Executive Vice President & CFO | |
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sjanusek@reddyice.com | |
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800-683-4423 |
REDDY ICE COMMON STOCK
TO MOVE TO OTC TRADING
DECEMBER 28, 2011 - DALLAS, TEXAS Reddy Ice Holdings, Inc. (NYSE:FRZ) (Reddy Ice or the Company) announced today that its common stock will be quoted on the OTCQB Marketplace (OTCQB) beginning Thursday, December 29, 2011. Trading on the NYSE and the Companys trading symbol FRZ will be discontinued as of the close of the market on December 28, 2011. Effective Thursday, December 29, 2011, the Companys stock will be quoted on the OTCQB under the symbol RDDY. The OTCQB is a market tier for over-the-counter-traded companies that are registered and reporting with the Securities and Exchange Commission (SEC).
The transition of the Companys common stock to the OTCQB is not expected to change, affect or impact:
· The Companys obligation to file periodic and other reports with the SEC under applicable federal securities laws; or
· Our shareholders ability to trade the Companys common stock on the OTCQB.
About Reddy Ice
Reddy Ice Holdings, Inc. is the largest manufacturer and distributor of packaged ice in the United States. With approximately 1,500 year-round employees, the Company sells its products primarily under the widely known Reddy Ice® brand to a variety of customers in 34 states and the District of Columbia. The Company provides a broad array of product offerings in the marketplace through traditional direct store delivery, warehouse programs and its proprietary technology, The Ice Factory®. Reddy Ice serves most significant consumer packaged goods channels of distribution, as well as restaurants, special entertainment events, commercial users and the agricultural sector.
This press release contains various forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on managements belief as well as assumptions made by and information currently available to management. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Such statements contain certain risks, uncertainty and assumptions. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected.
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