30 Jun 2009 09:51
Cubus Lux plc ("Cubus Lux" or the "Company") Issue of Equity
Cubus Lux, the Croatia-focused leisure resort operator and developer, announces that it has conditionally placed 1,060,000 ordinary shares of 10p each in the capital of the Company ("Shares") at a price of 20p each raising £212,000.
Application has been made for admission of these Shares to AIM, and this is expected to become effective on 6 July 2009.
The shares will rank pari passu with existing shares. The proceeds of the placing will be used for the continuation of the Molatska residential project, the start up costs of the Valdanos project development and to provide the Company with additional working capital.
Following this issue of shares, and in conformity with the Financial Services Authority's Disclosure and Transparency Rules, Cubus Lux gives notice that its voting capital consists of:
Ordinary Shares Nominal Value Share Capital Ordinary Shares held in Treasury 18,936,122 10p £1,893,612.20 -
As Cubus Lux does not hold any ordinary shares in Treasury, its total number of voting rights equals its capital.
The above 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, Cubus Lux under the FSA's Disclosure and Transparency Rules.
For further information please see www.cubuslux.com or contact:
Steve McCannCubus Lux plc+385 (0)99 214 9636Liam Murray, Nominated AdviserDowgate Capital Advisers Limited+44 (0)20 7492 4777Claire Louise Noyce/Stephen Austin, BrokerHybridan LLP+44 (0)20 3159 5085Pam SpoonerCity Road Communications+44 (0) 20 7248 8010+44 (0)7858 477 747
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