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Kayser Bondor Ld. (62HF)

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Friday 09 June, 2006

Kayser Bondor Ld.

Disposal & Directorate Change

Kayser Bondor Ld
09 June 2006


Kayser Bondor Limited
Company No.: 229735
LONDON 09 JUNE, 2006
 
COMPANY ANNOUNCEMENT
For Immediate Release

 

CHANGE OF OWNERSHIP; and

BOARD CHANGES

 

Further to the announcement made by the Company on 18 May 2006, Sara Lee
Corporation, the ultimate controlling party of the Company, has announced that
on 06 June 2006 it completed on the sale of its UK based Courtaulds apparel
business, including the shares of the Company held within the Sara Lee group, to
a group led by PD Enterprise Ltd., a global garment producer. PD Enterprise Ltd.
operates nine facilities that produce more than 120 million garments annually.
Its products include bras, underwear, nightwear, swim and beachwear, formalwear
and casualwear, jackets and coats, babywear and socks.

 

As of the completion of the transaction:

 

1. the following board members of the Company have resigned:

 

     Ayotola Jagun (Director and Company Secretary); and

     Helen Handley (Director)

 

2. the following members have been appointed to the Company's board:


     Julia Wilson (Company Secretary)

 

Following the board changes, the board of directors of the Company is made up of
the following individuals.

 

     Michael Ellis

     Steve Llewellyn

     Julia Wilson (Company Secretary)

 



                      This information is provided by RNS
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