com:20081216:RnsP2330K
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RNS Number : 2330K  
  
Kentz Corporation Ltd  
  
16 December 2008  
  
Kentz Corporation Limited (the "Company")  
  
Holding in Company and Director's Shareholding   
  
Further to the establishment of the management incentivisation arrangements 
disclosed in paragraph 17 of Part I of the Company's AIM Admission Document, the 
Company has today received a confirmation from Danache Holdings Limited 
("Danache") that it has granted a charge to Kerbet Limited ("Kerbet") over 
2,413,348 ordinary shares of 1p each in the Company ("Ordinary Shares").  
  
The above Ordinary Shares pledged to Kerbet are subject to the lock-in 
arrangements referred to in paragraph 22 of Part I of the Company's AIM 
Admission Document. There is currently no change in voting control of these 
Ordinary Shares.  
  
Kerbet has an interest in 30,000,000 Ordinary Shares representing 25.78 per 
cent. of the issued share capital of the Company. Due to their equal 
shareholding in Kerbet, Tan Sri Mohd Razali Abdul Rahman, Non-Executive Chairman 
of the Company, and Hassan Abas, a Non-Executive Director of the Company, are 
each interested in 15,000,000 Ordinary Shares representing 12.89 per cent. of 
the issued share capital of the Company.    
  
Danache has an interest in 13,339,213 Ordinary Shares representing 11.46 per 
cent. of the issued share capital of the Company. Mr Ed Power, Chief Financial 
Officer and a director of the company, has a beneficial interest in 
approximately 8.87 per cent. of Danache  through his interest in Essex Trust 
Limited, a trust established for certain managers of the Group, of which Ed 
Power is one.  
  
16 December 2008   
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
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