24th Feb 2015 11:28
Kimberly Enterprises N.V.
("Kimberly" or the "Company")
Update re Disposal
Further to the announcement released on 19 January 2015, the Board of Kimberly, the AIM-quoted Eastern European residential property developer (KBE.L), announces that the purchaser of the plot designed for residential proposes in the Czech Republic for a total cash consideration of CZK 195m (approximately €7m) has made a non-refundable deposit of approximately €100,000 and the completion is now expected to take place on or before 18 March 2015.
A further announcement will be made in due course.
For further information, please contact:
Kimberly Enterprises N.V. | |
Assaf Vardimon | +31 20 778 4141 |
Cairn Financial Advisers LLP (Nomad) | |
Sandy Jamieson | +44 207 148 7900 |
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Kimberly Enterprises