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Potential Disposal

12th Feb 2025 07:00

RNS Number : 7513W

Camellia PLC

12 February 2025

Camellia Plc

Goodricke Group Limited

12 February 2025

Camellia Plc notes the announcement by Goodricke Group Limited (an Indian subsidiary company of Camellia) on 11 February 2025 on the Bombay Stock Exchange in connection with the proposed sale of its Chulsa Tea Estate for c.INR 181m (c.£1.7m). Completion is expected on or around 15 March 2025, subject to entering into a final sale agreement and satisfaction of due diligence and customary conditions precedent.

ENQUIRIES

Camellia Plc 01622 746655

Byron Coombs Chief Executive Officer

Oliver Capon, Chief Financial Officer

Panmure Liberum 020 7886 2500

Nominated Adviser and Broker

Emma Earl

Rupert Dearden

H/Advisers Maitland

William Clutterbuck 07785 292617

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END

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