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CAMELLIA PLC

M&A Activity May 11, 2017

7545_rns_2017-05-11_9bcd54d2-5cca-436b-a6da-a24aa80e1709.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 7898E

Camellia PLC

11 May 2017

Camellia Plc

Completion of the sale of Duncan Lawrie Asset Management Limited

Further to the announcements on 19 December 2016 and 21 April 2017, Camellia is pleased to announce the completion of the sale of Duncan Lawrie Asset Management Limited to Brewin Dolphin Limited, a subsidiary of Brewin Dolphin Holdings PLC, for a cash consideration of £28.0 million, subject to a customary working capital adjustment. 

This announcement contains inside information for the purpose of Article 7 of the Market Abuse Regulation (EU) N0. 596/2014.

Enquiries

Camellia Plc 01622 746655
Tom Franks, CEO
Susan Walker, CFO
Panmure Gordon 020 7886 2500
Nominated Adviser and Broker
Andrew Godber
Erik Anderson
James Greenwood

This information is provided by RNS

The company news service from the London Stock Exchange

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