31 Aug 2010 07:00
31 August 2010 Cubus Lux plc ("Cubus Lux" or the "Company") Issue of Equity
The Company is pleased to announce that it has raised £321,845 through the issue of 2,298,890 new ordinary shares of 10p each (the "Placing Shares") at 14p per share. The funds raised will be used to finance certain project costs and short term working capital commitments.
The Placing Shares represent 9.6 per cent. of the Company's enlarged share capital and application has been made for their admission to trading on AIM. It is expected that dealings will commence at 8.00 a.m. on 6 September 2010.
Following this issue of shares, the Group will have an issued share capital of 23,881,441 ordinary shares of 10p each. As the Group does not hold any ordinary shares in Treasury its total number of voting rights equals its capital. This figure may be used by shareholders 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 Company under the FSA's Disclosure and Transparency Rules.
For further information about the Company please see www.cubuslux.com orcontact:Cubus Lux plc Steve McCann +44 (0) 7787 183 184 Astaire Securities Luke Cairns / Stuart Lane +44 (0) 20 7492 4750plc (Nomad) Hybridan LLP (Broker) Claire Louise Noyce +44 (0) 20 7947 4350 City Road Pam Spooner +44 (0) 20 7248 8010
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