Issue of Equity
June 30 2009 - 4:51AM
UK Regulatory
TIDMCBX
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 GBP212,000.
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 GBP1,893,612.20 -
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 McCann
Cubus Lux plc
+385 (0)99 214 9636
Liam Murray, Nominated Adviser
Dowgate Capital Advisers Limited
+44 (0)20 7492 4777
Claire Louise Noyce/Stephen Austin, Broker
Hybridan LLP
+44 (0)20 3159 5085
Pam Spooner
City Road Communications
+44 (0) 20 7248 8010
+44 (0)7858 477 747
END
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