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Kimberly Enterprises N.V.  -  KBE   

Update re Disposal

Released 13:30 08-Jan-2016

RNS Number : 3248L
Kimberly Enterprises N.V.
08 January 2016

Kimberly Enterprises N.V.

("Kimberly" or the "Company")


Update re Disposal


Further to the announcement released on 12 November 2015, the Board of Kimberly, the AIM-quoted Eastern European residential property developer (KBE.L), announces that it has agreed to allow the purchaser of the two Canadian residential development plots an extra day to complete the transaction by close of business in Canada on 12 January 2016. A further announcement will be made in due course.

The Board also notes the sharp increase in the Company's share price this morning. The Board is not aware of any reason for the price movement.


For further information, please contact:


Kimberly Enterprises N.V.


Assaf Vardimon

+31 20 778 4141





Cairn Financial Advisers LLP (Nomad)


Sandy Jamieson, Avi Robinson

+44 207 148 7900




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Update re Disposal - RNS