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Kimberly Enterprises N.V.  -  KBE   

Update re Controlling Shareholder

Released 11:48 20-Nov-2017

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




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Update re Controlling Shareholder - RNS