15 Aug 2013 17:31
AIM: FOX | 15 August 2013 |
Fox Marble Holdings plc
("Fox Marble" or the "Company")
Holding in Company
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Fox Marble Holdings plc |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | No | |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No | |
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | No | |
An event changing the breakdown of voting rights | Yes | |
Other (please specify): |
| No |
3. Full name of person(s) subject to the notification obligation: | Standard Life Investments Ltd |
4. Full name of shareholder(s) (if different from 3.): | Vidacos Nominees |
5. Date of the transaction and date on which the threshold is crossed or reached: | 13 August 2013 |
6. Date on which issuer notified: | 14 August 2013 |
7. Threshold(s) that is/are crossed or reached: | 5% |
8. Notified details: | |||||||
A: Voting rights attached to shares | |||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights | |||
Direct | Direct | Indirect | Direct | Indirect | |||
GB00B7LGG306 | 0 | 0 | 6,060,606 | 0 | 6,060,606 | 0% | 5.106% |
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction | ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
Nominal | Delta
| |||||
Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
6,060,606 | 5.106% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
|
Proxy Voting: | |
10. Name of the proxy holder: | |
11. Number of voting rights proxy holder will cease to hold: | |
12. Date on which proxy holder will cease to hold voting rights: | |
13. Additional information: | |
14. Contact name: | Investments_mo@standardlife.com Standard Life Investments Ltd |
15. Contact telephone number: | (0131) 245 6565 |
Enquiries:
Fox Marble Holdings plc | |
Christopher Gilbert, Chief Executive Officer Fiona Hadfield, Chief Financial Officer | Tel: +44 (0) 20 7380 0999 |
Fox Davies Capital Limited (Nomad and Joint Broker) | |
Susan Walker/Jonathan Evans
| Tel: +44 (0) 20 3463 5000 |
Sanlam Securities UK Limited (Joint Broker) | |
Lindsay Mair/Richard Goldsmith | Tel: +44 (0) 20 7628 2200 |
Buchanan | Tel: +44 (0) 20 7466 5000 |
Mark Court / Fiona Henson / Sophie Cowles | www.buchanan.uk.com |
Notes to editors:
Fox Marble Holdings plc is an AIM quoted natural stone extraction company operating in Kosovo and the Balkans region, with headquarters in the United Kingdom.
The Company has been granted mining licenses in relation to five separate marble quarries and completed a maiden JORC resource indicating an in-situ valuation of approximately Euro 16.5 billion. Established in 2011, Fox Marble has access to over 300 million cubic metres of premium quality marble including white breccia and honey yellow onyx.
Fox Marble also has rights to extract grey marble from the Drini quarry and cream and white grey marble from the Malesheva quarry, both in Kosovo and white Sivec marble from the Prilep Quarry in Macedonia.