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

This information is provided by RNS

The company news service from the London Stock Exchange

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Kimberley Enterprises NV issued this content on 2016-01-08 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-13 09:53:12 UTC

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