Fox Marble Holdings PLC New order for Lillie Square, Earls Court (2467J)
September 08 2016 - 1:00AM
UK Regulatory
TIDMFOX
RNS Number : 2467J
Fox Marble Holdings PLC
08 September 2016
AIM: FOX
Fox Marble Holdings plc
("Fox Marble" or the "Company")
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.
Lillie Square is owned and developed by a joint venture between
Capital & Counties Properties Plc and interests of certain
members of the Kwok family. The general contractor on the project
is Sir Robert McAlpine Limited. Phase 1 of this development has
been sold, with the Company's stone selected for the ten
penthouses. The material is to be installed in the kitchens,
entrances and common areas. It is also being used in various other
apartments with terraces. The first shipment of Bianco Illirico
slabs is due to be delivered to Lillie Square within two weeks,
with the total order anticipated to be 2,000 square metres over the
next two years.
Chris Gilbert, CEO, commented: "We are pleased that our newest
quarry is now supplying our Bianco Illirico marble to such a large
and prestigious development in London. We have now sold a variety
of our marble types into two of the largest London developers'
projects, Berkeley Homes Plc and Capital & Counties Properties
Plc. This is a testament to the excellent quality of our stone and
its desirability for new and exciting projects."
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014 of the European
Parliament.
For more information on Fox Marble please visit
www.foxmarble.net or contact:
Fox Marble Holdings
plc
Chris Gilbert, Chief Tel: +44 (0) 20 7380
Executive Officer 0999
Cairn Financial Advisers
LLP (Nomad) Tel: +44 (0) 20 7148
Liam Murray 7900
Sandy Jamieson
Brandon Hill Capital
(Broker)
Oliver Stansfield Tel: +44 (0) 20 3463
5000
Yellow Jersey PR
Aidan Stanley Tel: +44 (0) 75 8408
Dominic Barretto 5670
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 licences in relation to six
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.
Fox Marble also has rights to extract marble from the Drini and
Malesheva quarries, both in Kosovo and from the Prilep Quarry in
Macedonia.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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