Result of General Meeting

RNS Number : 6520M

Fox Marble Holdings PLC

28 August 2013

 



AIM:  FOX

28 August 2013

Fox Marble Holdings plc

 ("Fox Marble" or the "Company")

Result of General Meeting

Fox Marble, the AIM listed company focused on marble quarrying in Kosovo and the Balkans region, is pleased to announce that at the General Meeting of the Company held this morning, all of the resolutions proposed in the notice of meeting sent to shareholders dated 8 August 2013 were duly passed.

Accordingly, the 4,771,985 ordinary shares ("New Ordinary Shares") have now been issued pursuant to the Conditional Placing and the Subscription.

The New Ordinary Shares will rank equally in all respects with the Company's existing ordinary shares and application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM ("Admission").

It is expected that Admission will become effective and that dealings in the New Ordinary Shares will commence at 8.00 a.m. on 29 August 2013. Following Admission, the Company's issued ordinary share capital will consist of 123,459,383 Ordinary Shares with voting rights. Fox Marble does not hold any Ordinary Shares in treasury.

The above figure of 123,459,383 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Fox Marble under the Financial Conduct Authority's Disclosure and Transparency Rules.

Enquiries:

Fox Marble Holdings plc
Christopher Gilbert, Chief Executive Officer Fiona Hadfield, Chief Financial Officer	Tel: [phone]
Fox Davies Capital Limited (Nomad and Joint Broker)
Susan Walker/Jonathan Evans	Tel: [phone]
Sanlam Securities UK Limited (Joint Broker)
Lindsay Mair/Richard Goldsmith	Tel: [phone]
Buchanan	Tel: [phone]
Mark Court / Fiona Henson / Sophie Cowles	www.buchanan.uk.com

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 been granted mining licences in relation to five separate marble quarries 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 of premium quality marble including white breccia and honey yellow onyx.

Fox Marble also has rights to extract grey marble from the Drini quarry and cream and white grey marble from the Malesheva quarry, both in Kosovo and white marble from the Sivec region of Macedonia from the Prilep Quarry.

 

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