New Contract

RNS Number : 4934Q

Fox Marble Holdings PLC

28 October 2021

 

28 October 2021

Fox Marble Holdings plc

("Fox Marble" or the "Company")

New Contract

Fox Marble, the AIM listed marble production company with operations in Kosovo and the Balkans, announces that it has signed a new contract to provide processed marble to a project in Kosovo.

Fox Marble will provide Alexandrian Blue and Alexandrian White marble from its quarry in Macedonia, which will be processed at Fox Marble's factory in Lipjan in Kosovo. The value of the contract is expected to be in the region of €100k and will be supplied during the end of 2021 and 2022.

Chris Gilbert, CEO, commented "This contract to supply our material is a testament to the ongoing work of our staff and team in Kosovo, and further bolsters our order book for the remainder of 2021 and 2022."

This announcement contains inside information for the purposes of Regulation 11 of the Market Abuse (amendment) (EU exit) Regulations 2019/310. The Directors of the Company are responsible for the release of this announcement.

Ends

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

Fox Marble Holdings plc

Chris Gilbert, Chief Executive Officer

Tel: [phone]

Fiona Hadfield, Finance Director

Tel: [phone]

Quatro PR

Gary Pleasants

Tel: [phone]

Mark Herbert

Tel: [phone]

Brandon Hill (Joint Broker)

Oliver Stansfield

Tel: [phone]

Allenby Capital (Joint Broker)

Nick Naylor/Nick Athanas/Liz Kirchner (Corporate Finance)

Amrit Nahal (Sales and Corporate Broking)

Tel: [phone]

Cairn Financial Advisers (Nomad)

Sandy Jamieson/Liam Murray/Ludovico Lazzaretti

Tel: [phone]

Notes to Editors

Fox Marble (AIM: FOX) is a marble production, processing and distribution company with operations in Kosovo and the Balkans.

Its marble products, which include Alexandrian Blue, Alexandrian White, Breccia Paradisea, Etruscan gold and Grigio Argent, are gaining sales globally to wholesale companies and directly to luxury residential properties. In the UK these include St George's Homes and Capital and Counties Plc's Lillie Square development. In Sydney, Australia, Rosso Cait, Alexandrian White and Breccia Paradisea have been used in what is expected to be Australia's most expensive residential property. These sales serve to demonstrate the desirability of Fox Marble's premium marble products as the stone of choice in some of the most prestigious and expensive residential developments around the world.

Caution regarding forward looking statements

Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors

 

END

 

 

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