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CAMELLIA PLC

M&A Activity Feb 12, 2025

7545_rns_2025-02-12_77b64912-8fae-407e-9f36-13f1435dd5a8.html

M&A Activity

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National Storage Mechanism | Additional information

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  

PR 

William Clutterbuck                                            07785 292617 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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