Issue of Equity Confirmation

RNS Number : 5594C

Fox Marble Holdings PLC

29 June 2016

 

AIM:  FOX

29 June 2016

Fox Marble Holdings plc

 ("Fox Marble" or the "Company")

Issue of Equity Confirmation

Further to the announcement issued on 13 May 2016 in respect to an issue of equity, Fox Marble (AIM:FOX), the AIM listed company focused on marble quarrying in Kosovo and the Balkans region, is pleased to announce that the conditions in respect to the conditional placing of 1,300,000 new Ordinary Shares of 10 pence per share ("the Conditional Placing Shares") have now been met.  In this respect the Conditional Placing Shares are expected to be admitted to trading on AIM on or around 30 June 2016.

Following Admission, the total number of ordinary shares in issue will be 180,144,442.

The above figure of 180,144,442 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, the share capital of the Company under the DTRs.

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

Fox Marble Holdings plc
Chris Gilbert, Chief Executive Officer	Tel: [phone]
Cairn Financial Advisers LLP (Nomad) Liam Murray	Tel: [phone]
Brandon Hill Capital (Broker)
Oliver Stansfield	Tel: [phone]
Yellow Jersey PR
Aidan Stanley Dominic Barretto	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 been granted mining licences in relation to six 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.

Fox Marble also has rights to extract marble from the Drini and Malesheva quarries, both in Kosovo and from the Prilep Quarry in Macedonia.

 

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