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Large volume order of processed marble confirmed
Fox Marble, the AIM quoted company focused on marble quarrying and processing in Kosovo and the Balkans region, is pleased to announce that it has signed a contract to supply 15,000 square metres of cut and polished tiles and 19,000 metres of bespoke cut to size products to CC Apartments LLC…
Fox Marble Holdings plc
("Fox Marble" or the "Company")
Fox Marble, the AIM quoted company focused on marble quarrying and processing in Kosovo and the Balkans region, is pleased to announce that it has signed a contract to supply 15,000 square metres of cut and polished tiles and 19,000 metres of bespoke cut to size products to CC Apartments LLC.
CC Apartments LLC is engaged in developing several prestigious projects including apartments in Kosovo, as well as Albania and surrounding countries. Fox Marble will be processing blocks of a range of marble from its own quarries for this project and supplying this material from its factory in Kosovo. The total value of the contract is circa €600,000. Delivery is expected to commence in January 2021, with all revenues expected to be realised by December 2021.
Chris Gilbert, CEO, commented
“This contract to supply cut and polished tiles is the largest single contract by volume yet won by Fox Marble. This further confirms Fox Marble’s position as the leading provider of dimension stone within Kosovo and is a testament to the efficiency of the factory and the quality of locally sourced marble for such prestigious projects. Our factory, as a designated industry, is able to continue to operate to meet demand.”
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
Chris Gilbert, Chief Executive Officer
Fiona Hadfield, Finance Director
Tel: +44 (0) 20 7380 0999
Brandon Hill Capital (Joint Broker)
Oliver Stansfield
Tel: +44 (0) 20 3463 5000
Allenby Capital (Joint Broker)
Amrit Nahal/Nick Naylor
Tel: +44 (0) 20 3394 2973
Cairn Financial Advisers LLP (Nomad)
Liam Murray
Sandy Jamieson
Tel: +44 (0) 20 7213 0880
Notes to Editors
Fox Marble (AIM: FOX), is a marble production, processing and distribution company in Kosovo and the Balkans region.
Its marble products, which includes Alexandrian Blue, Alexandrian White, Breccia Paradisea, Etruscan gold and Grigio Argento and are gaining sales globally both to international wholesale companies as well as being supplied directly into luxury residential properties. In the UK these include among others St George’s Homes and Capital and Counties Plc’s Lillie Square development. In Sydney, Australia Rosso Cait, Alexandrian White and Breccia Paradisea marble have been used in what is expected to be Australia’s most expensive residential property. These sales serve to demonstrate the desirability of Fox’s premium marble products as the stone of choice in some of the most prestigious and expensive residential developments around the world.
Results of General Meeting and Issue of Shares
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 today, all of the resolutions proposed in the notice of General Meeting sent to shareholders dated 27 May 2020 were duly passed…
Fox Marble Holdings plc
("Fox Marble" or the "Company")
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 today, all of the resolutions proposed in the notice of General Meeting sent to shareholders dated 27 May 2020 were duly passed.
The results of the voting will be available shortly on the Company’s website: www.foxmarble.net.
As a consequence, application has been made for 45,714,292 ordinary shares issued pursuant to the Placing to be admitted to trading on AIM, which is expected to occur on 17 June 2020 at 8.00am (“Admission”) and will rank equally in all respects with the Company's existing ordinary shares.
Total Voting Rights
In accordance with Rule 5.6.1 of the Disclosure and Transparency Rules (“DTRs”), the Company’s issued share capital following Admission will consist of 308,372,214 ordinary shares of 1 pence each. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company following Admission is 308,372,214.
The above figure of 308,372,214 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.
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
Chris Gilbert, Chief Executive Officer
Fiona Hadfield, Finance Director
Tel: +44 (0) 20 7380 0999
Allenby Capital Limited (Joint Broker)
Amrit Nahal (Broking)
Nick Naylor/Nick Athanas/Liz Kirchner (Corporate Finance)
Tel: +44 (0) 203 328 5656
Brandon Hill Capital (Joint Broker)
Oliver Stansfield
Tel: +44 (0) 20 3463 5000
Cairn Financial Advisers LLP (Nomad)
Liam Murray / Sandy Jamieson
Tel: +44 (0) 20 7213 0880
Notes to Editors
Fox Marble (AIM: FOX), is a marble production, processing and distribution company in Kosovo and the Balkans region.
Its marble products, which includes Alexandrian Blue, Alexandrian White, Breccia Paradisea, Etruscan gold and Grigio Argento and are gaining sales globally both to international wholesale companies as well as being supplied directly into luxury residential properties. In the UK these include among others St George’s Homes and Capital and Counties Plc’s Lillie Square development. In Sydney, Australia Rosso Cait, Alexandrian White and Breccia Paradisea marble 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.
Notice of AGM
Fox Marble, the AIM listed company focused on marble quarrying in Kosovo and the Balkans region, confirms that it has posted a Notice of Annual General Meeting (“AGM”) and the associated form of proxy…
Fox Marble Holdings plc
("Fox Marble" or the "Company")
Fox Marble, the AIM listed company focused on marble quarrying in Kosovo and the Balkans region, confirms that it has posted a Notice of Annual General Meeting (“AGM”) and the associated form of proxy.
As announced on 27 May 2020, due to the current COVID-19 outbreak, the Company requested an additional period of up to three months to publish its annual audited accounts for the year ended 31 December 2019.
AIM Regulation granted the extension, and therefore the Company will publish its annual audited accounts for the year to 31 December 2019 by 30 September 2020. Fox Marble has also applied for and been granted an extension to delay the filing of its audited annual accounts by Companies House until 30 September 2020.
As a consequence, at the AGM shareholders will not receive the annual report and financial statements for the year ended 31 December 2019.
A General Meeting will be convened in due course for shareholders to receive the annual report and financial statements for the year ended 31 December 2019.
The AGM will be held at 3.00 p.m. on 30 June 2020 at the Company’s registered office at 160 Camden High Street, London, NW1 0NE.
Fox Marble Holdings plc
Chris Gilbert, Chief Executive Officer
Fiona Hadfield, Finance Director
Tel: +44 (0) 20 7380 0999
Allenby Capital Limited (Joint Broker)
Amrit Nahal (Broking)
Nick Naylor/Nick Athanas/Liz Kirchner (Corporate Finance)
Tel: +44 (0) 203 328 5656
Brandon Hill Capital (Joint Broker)
Oliver Stansfield
Tel: +44 (0) 20 3463 5000
Cairn Financial Advisers LLP (Nomad)
Liam Murray / Sandy Jamieson
Tel: +44 (0) 20 7213 0880
Notes to Editors
Fox Marble (AIM: FOX), is a marble production, processing and distribution company in Kosovo and the Balkans region.
Its marble products, which includes Alexandrian Blue, Alexandrian White, Breccia Paradisea, Etruscan gold and Grigio Argento and are gaining sales globally both to international wholesale companies as well as being supplied directly into luxury residential properties. In the UK these include among others St George’s Homes and Capital and Counties Plc’s Lillie Square development. In Sydney, Australia Rosso Cait, Alexandrian White and Breccia Paradisea marble 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.