7 Nov 2014 07:00
7 November 2014
FOX MARBLE HOLDINGS PLC
("Company")
Directors' Dealing
The Company announces that on 6 November 2014 Christopher Gilbert and Etrur Albani, both directors of the Company, each gifted 1,054,500 shares in the Company to a third party for nil consideration.
The table below sets out the holdings of Christopher Gilbert and Etur Albani following the disposal:-
Director | Number of shares
| % holding |
Etrur Albani | 19,757,500 | 13.2% |
Christopher Gilbert | 19,306,250 | 12.9% |
The issued share capital of the Company comprises 149,848,266 Ordinary Shares of 1 penny each.
Enquiries:
Fox Marble Holdings plc Chris Gilbert, Chief Executive Officer Fiona Hadfield, Chief Financial Officer
| Tel: +44 (0) 20 7380 0999 |
Cairn Financial Advisers LLP (Nomad) Avi Robinson / Liam Murray
| Tel: +44 (0) 20 7148 7900
|
Fox Davies Capital Limited (Broker) Jonathan Evans
| Tel: +44 (0) 20 3463 5000
|
Yellow Jersey PR Dominic Barretto Kelsey Traynor |
Tel: +44 (0) 77 6853 7739 Tel: +44 (0) 77 9900 3220 |
Notes to Editors
Fox Marble Holdings Plc is an AIM quoted natural stone extraction and production Company operating in Kosovo and the Balkans region, with headquarters in the United Kingdom.
Established in 2011, Fox Marble has access to over 300 million cubic metres of premium quality marble and completed a maiden JORC resource indicating an in-situ valuation of approximately Euro 16.5 billion. As announced in October 2013, it now has four quarries in operation and in August 2014 it completed the acquisition of the Prilep Omega Sivec Quarry, thus increasing its exposure to the highly desirable Sivec marble.
As of Q3 2013, the Company has started to make the first sales of its high quality marble and has signed a distribution agreement with a company in New York to service the US market.