Directorate Change

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, announces that Richard Round, a non executive director of the Company, will be stepping down from the Board with immediate effect in order to pursue other professional commitments.

€400,000 sale and purchase agreement obtained from Turkey

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, announces that it has entered into a minimum €400,000 Sales Agreement with Simsekler Mermer Company (“Simsekler”), one of Turkey’s premier natural stone groups to supply its IIIirico Selene and Sivec marble product (“The Agreement”).  Simsekler owns 9 marble quarries in Turkey as well as 3 factories and 2 showrooms and warehouses located in Ankara and Istanbul.

US$1.8 million sale and purchase agreement for Marble obtained from India

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, announces that is has entered into a US$1.8m per annum sale and purchase agreement with Mahadev Marmo PVT Ltd (‘Mahadev’), India’s second largest green marble export house, following the satisfactory delivery and completion of a block marble sample order, which was shipped in December 2016. This order and sales agreement marks the Company’s first customer and entry into India and is in line with Fox Marble’s international expansion strategy as it positions itself as a leading low cost marble production, processing and distribution company globally.

Orders and specifications achieved for premium finished marble product from leading luxury property developments in the UK and Australia

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosova and the Balkans region, is pleased to report on orders and specifications worth approximately €300,000 from leading property developments in the UK and Australia that underscore the continued development of the Company’s customer base globally.

New Factory Opening in Kosovo to Process Marble In-House for Global Distribution

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, is pleased to announce the opening of its new marble processing factory in Kosovo, where the Company today has processed its first block of marble (Illyric White) through its gangsaws. The opening of the factory is in line with Fox Marble’s strategy of offering a low-capex and integrated approach to its marble production, processing and distribution globally. 

Issue of Equity, Directors’ Dealings and Total Voting Rights

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, announces that on 31 October 2016 it issued 460,361ordinary shares of 1p each (“Ordinary Shares”) in the Company to the Non-Executive Directors of the Company,and to Executive Directors Christopher Gilbert and Dr Etrur Albani, at a price of 9.9pence per share, being the 30-day volume weighted average price as at 27 October 2016.

New order for Lillie Square, Earls Court

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, is pleased to announce that its Bianco Illirico stone has been specified via our distribution partner, Pisani Plc, for use in the Lillie Square development in Earls Court, London. This is one of the largest developments in the UK with 7,500 homes ultimately planned.

Operational update

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, is pleased to provide the following operational update ahead of the publication of its InterimResults for the six months ended 30 June 2016, expected to be announced on or before 30 September 2016.

Issue of Equity, Directors’ Dealings and Total Voting Rights

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, announces that on 27 July 2016 it issued 462,271 ordinary shares of 1p each (“Ordinary Shares”) in the Company to the Non-Executive Directors of the Company, and to Executive Directors Christopher Gilbert and Dr Etrur Albani, at a price of 10 pence per share, being the 30-day volume weighted average price as at 22 July 2016. 

Issue of Equity

Further to the announcement issued on 13 May 2016 in respect to an issue of equity, Fox Marble (AIM:FOX), the AIM listed company focused on marble quarrying in Kosovo and the Balkans region, is pleased to announce that the conditions in respect to the conditional placing of 1,300,000 new Ordinary Shares of 10 pence per share ("the Conditional Placing Shares") have now been met. In this respect the Conditional Placing Shares are expected to be admitted to trading on AIM on or around 30 June 2016.

Issue of Equity, Directors’ Dealings and Total Voting Rights

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, announces that on 15 June 2016 it issued 296,176 ordinary shares of 1p each (“Ordinary Shares”) in the Company to the Non-Executive Directors of the Company, and to Executive Directors Christopher Gilbert and Dr Etrur Albani, at a price of 10.67 pence per share, being the 30-day volume weighted average price as at 10 June 2016.