12 Feb 2008 07:00
Cubus Lux plc ("Cubus Lux" or the "Company") Issue of Equity
Cubus Lux plc, the AIM listed Croatian leisure and tourism company, announces that on 11 February 2008, it issued 220,000 new ordinary shares of 1 penny each in the Company ("Ordinary Shares") for cash, at a price of 17p per share, raising ‚£37,400 for the Company. This issue has been made to satisfy excess demand for the subscription that was described in the Company's recent admission document dated 14 January 2008, at the same price as the subscription. The closing middle market price on Friday 8 February 2008 was 18p.
Application has been made for the 220,000 new Ordinary Shares to be admitted to AIM and dealings are expected to commence on 15 February 2007. Following the placing, the number of Ordinary Shares in issue will be 102,264,089.
For further information please see www.cubuslux.com or contact:
Steve McCannCubus Lux plc+385 (0)99 214 9636Simon Sacerdoti/Liam Murray, Nominated AdviserCity Financial Associates Limited+44 (0)20 7492 4777Kealan Doyle, BrokerLewis Charles Securities Limited+44 (0)20 7456 9100
CUBUS LUX PLC