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When was KIG established?
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On the 19th of December 2007.
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What does KIG stand for?
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Kaprelian Investment Group
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When was KIG listed?
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On the 7th of April 2008.
First Quotation Board in the Open Market segment (Regulated Unofficial Market) of the Frankfurt Stock Exchange
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What was the issuing price?
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2.45 € with 50 Mio. issued shares
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How many shares are traded at the moment?
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The issued shares were totalling 186,102,998 ordinary shares up to the date of general meeting in April 2009. That is as well the current number.
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How much is the share capital?
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£50 000 000 |
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How did you pay in the share capital?
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The share capital has been paid in with assets, services and cash
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What is the number of authorized shares?
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Due to the Article of Association the share capital is divided into 5 Billion shares
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What is the par value of each share?
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£ 0,01
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Is there a lockup period for original shareholders?
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5% of trade capability each 6 to 12 months depending on size of shareholding.
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Who are the main shareholders?
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- Planet SA
- Family
- Freefloat around 8%
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Will there be more shares issued? If yes, when and why?
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More shares will be issued as for the draw down of (10 M Euros) agreement contract funds raising, others will be on needed bases but avoiding dilution or keep it on minimum
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When does KIG publish the annual reports/financial statements?
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| Fiscal year end is December 31st.Deadline for publishing of annual reports ismid July of the following year. |
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Is it planned to publish a half year report 2010?
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As of 2010 KIG will publish quarterly reports. |
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Why did KIG decided to be listed in Germany?
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The access to the German capital market is very attractive due to the Open Market segment of the Frankfurt Stock Exchange. The comparative small expenditure was a reason as well as the relation to Europe with our head quarter near London and the Diamond Exchange in Antwerp.
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Why is KIG an interesting investment?
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Young active company with great mining expertise and properties in hand.
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What will happen with the claims in West Africa?
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KIG has around 120 claims in west Africa,with licences to mine. In some areas bulk sampling has been completed. Due to market crises, mining operations have been suspended until better market conditions arise. |
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Where/To whom are you planning to sell the diamonds?
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Various identified Diamond buyers in Far East, Europe, Northern America and Middle East.
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Is there a minimum price level for KIG regarding the sales of diamonds?
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Yes, there is. KIG is not under any obligation to sell at ”any prices” due to its sound financial engagements. Therefore KIG will maintain its price level policy. |
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Is KIG under the regulations of the Kimberley Process?
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Yes for sure!
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