Placing and Issue of Equity - Corrective Announ...
12 July 2011
CUBUS LUX PLC
("Cubus Lux" or the "Company")
Placing and Issue of Equity - Corrective Announcement
The announcement set out below replaces the announcement released on 12 July
2011.
The changes to the announcement are as follows:
The announcement, although released on 12 July 2011, was dated 19 July 2011 and
should have been dated" 12 July 2011" and in the body of the announcement it
was incorrectly stated that " It is expected that such Admission will occur at
8.00 am on 25 July 2011" The correct date should be "18 July 2011".
The correct announcement is set out below.
The Company announces that it has allotted and issued 465,116 new ordinary
shares of 10p each (the "Placing Shares") at 10.75p per share. The Placing
Shares were issued to Mr Peter Phillips by way of subscription for cash raising
£50,000. The funds raised will be used to provide additional short term working
capital for the Company.
Following the issue of the Placing Shares, Mr Peter Phillips will have a
holding of 2,496,679 ordinary shares in the Company representing 8.4% of the
Company's enlarged issued ordinary share capital.
Application has been made to the London Stock Exchange for the Placing Shares
to be admitted to trading on AIM ("Admission"). It is expected that such
Admission will occur at 8.00 am on 18 July 2011.
Following the issue of the Placing Shares, the shareholdings and other
interests of the directors are as follows:
Name of Director Number of Ordinary Percentage of Number of options
Shares issued Ordinary outstanding
Share Capital
Gerhard Huber 3,930,948 13.2% 2,100,100
Christian Kaiser 2,608,748 8.7% 600,000
Michael Janssen 460,688 1.5% 100,000
Leon Nahon 61,467 0.2% 360,000
Steve McCann 744,286 2.5% 1,130,000
Eli Abramovich 24,000 0.08% 360,000
Francisco Alvarez 0 0 260,000
Molina
Following the issue of the Placing Shares, which represent 1.56 per cent. of
the Company's enlarged issued ordinary share capital, the Company will have an
issued ordinary share capital of 29,861,852 ordinary shares of 10p each. As the
Company does not hold any ordinary shares in Treasury its total number of
voting rights equals its capital. This 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 the
Company under the FSA's Disclosure and Transparency Rules.
For further information about the Company please see www.cubuslux.com
or contact:
Cubus Lux PLC Steve McCann, CFO +44 (0) 7787 183 184
Northland Capital Luke Cairns/Rod Venables +44 (0) 20 7796 8800
Partners Limited
(Nominated Adviser)
Keith, Bayley, Simon Frost/David Coffman +44 (0) 203 100 8300
Rogers & Co Limited
(Broker)
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