Directorate Change

RNS Number : 2458E

Fox Marble Holdings PLC

04 May 2017

 

Fox Marble Holdings plc

("Fox Marble" or the "Company")

Directorate Change

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, announces that Richard Round, a non executive director of the Company, will be stepping down from the Board with immediate effect in order to pursue other professional commitments.  

The Board of Fox Marble would like to thank Richard Round for his contribution to the Company during his service and wishes him well in his future endeavors.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For more information on Fox Marble please visit www.foxmarble.net  or contact:

Fox Marble Holdings plc
Andrew Allner, Non Executive Chairman                                           Chris Gilbert, Chief Executive Officer	Tel: [phone] Tel: [phone]
Cairn Financial Advisers LLP (Nomad) Liam Murray	Tel: [phone]
Brandon Hill Capital (Broker)
Oliver Stansfield (CEO)	Tel: [phone]
Yellow Jersey PR
Felicity Winkles Francesca Hillier	Tel: [phone] Tel: [phone]

Notes to Editors

Fox Marble Holdings Plc is an AIM quoted natural stone extraction Company operating in Kosovo and the Balkans region, with headquarters in the United Kingdom.

The Company has 40 year mining licences for six separate marble quarries of which three are now in production and completed a maiden JORC resource indicating an in-situ valuation of approximately Euro 16.5 billion. Established in 2011, Fox Marble has access to over 300 million cubic metres (over 1bn tons) of marble of premium quality marble.

In addition, Fox Marble has rights to extract marble from two further premium quality marble quarries, at Drini and at Malesheva in Kosovo, which is in full production, and from the Prilep Quarry in Macedonia which is also in full production and, one of only two sources worldwide of the highly prized white Sivec marble.

 

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