Fox Marble Holdings PLC New equipment for our factory in Kosovo (4094T)
20 July 2020 - 4:00PM
UK Regulatory
TIDMFOX
RNS Number : 4094T
Fox Marble Holdings PLC
20 July 2020
20 July 2020
Fox Marble Holdings plc
("Fox Marble" or the "Company")
New equipment for our factory in Kosovo
Fox Marble, the AIM listed company focused on marble quarrying
and processing in Kosovo and the Balkans region is pleased to
announce that it has acquired two additional automatic CNC cutting
machines to be installed in its factory in Kosovo.
The two machines are manufactured by Simec Srl and Garcia Ramos
SA and with the existing Gravellona Machine Marmo CNC machine will
double the capacity to cut tiles when fully commissioned in the
next few weeks.
Chris Gilbert, CEO, commented "This additional capacity will
enhance our processing capabilities at the factory and the rate of
processing. This will allow Fox Marble to continue to tender for
new contracts while fulfilling the existing large projects that
were previously announced. This further confirms Fox Marble's
position as the leading provider of dimension stone within Kosovo
and region developing new business by providing high quality
locally sourced marble."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014
For more information on Fox Marble please visit
www.foxmarble.net or contact:
Fox Marble Holdings plc
Chris Gilbert, Chief Executive Officer Tel: +44 (0) 20 7380
0999
Fiona Hadfield, Finance Director Tel: +44 (0) 20 7380
0999
Brandon Hill Capital (Joint Broker)
Oliver Stansfield Tel: +44 (0) 20 3463
Allenby Capital (Joint Broker) 5000
Amrit Nahal/Nick Naylor Tel: +44 (0) 20 3394
2973
Cairn Financial Advisers LLP (Nomad)
Liam Murray Tel: +44 (0) 20 7213
Sandy Jamieson 0880
Notes to Editors:
Fox Marble ( AIM: FOX ), is a marble production, processing and
distribution company in Kosovo and the Balkans region.
Its marble products, which includes Alexandrian Blue,
Alexandrian White, Breccia Paradisea, Etruscan gold and Grigio
Argento and are gaining sales globally both to international
wholesale companies as well as being supplied directly into luxury
residential properties. In the UK these include among others St
George's Homes and Capital and Counties Plc's Lillie Square
development. In Sydney, Australia Rosso Cait, Alexandrian White and
Breccia Paradisea marble have been used in what is expected to be
Australia's most expensive residential property. These sales serve
to demonstrate the desirability of Fox's premium marble products as
the stone of choice in some of the most prestigious and expensive
residential developments around the world.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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