TIDMKBE

RNS Number : 9824W

Kimberly Enterprises N.V.

20 November 2017

Kimberly Enterprises N.V.

("Kimberly" or the "Company")

Update re Controlling Shareholder

Further to the announcement dated 22 August 2017, the Company received notification on 20 November 2017 from the controlling shareholder of the Company, Engel Resource and Development Limited ("ERD"), which controls 68.35% of the issued share capital of the Company, that Gabay Europe Israel Limited ("Gabay Europe") has completed the acquisition from GBES Limited ("GBES") of a total of 1,738,088 ordinary shares of NIS 1.00 each in ERD (representing 32.1% of the voting rights of ERD).

Accordingly, Mr Eli Gabay (through Gabay Europe) controls 3,408,015 ordinary shares in ERD representing approximately 62.9% of the voting rights of ERD.

For further information, please contact:

 
Kimberly Enterprises N.V. 
Sagee Kadosh                           +31 20 778 4141 
 
 
Cairn Financial Advisers LLP (Nomad) 
Sandy Jamieson, James Caithie          +44 207 213 0880

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 20, 2017 06:48 ET (11:48 GMT)

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