Cubus Lux Raises GBP325,000 Via Placing At 14P >CBX.LN

LONDON (Dow Jones)--Cubus Lux PLC (CBX.LN), a leisure and tourism company in Croatia, said Wednesday it has raised GBP325,000 through the issue of 2.32 million new ordinary shares at 14 pence per share which will be used to finance certain project costs and short term working capital commitments. MAIN FACTS: -The placing shares have been issued, in part, to three directors of the Company; Gerhard Huber, Christian Kaiser and Steve McCann. -Shares closed Tuesday 17 pence valuing the company at GBP3.27 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com (END) Dow Jones Newswires July 14, 2010 02:35 ET (06:35 GMT)