Release date: 7 August 2013
Embargoed until: Immediate Release
CLS Holdings plc
("CLS", the "Company or the "Group")
The Board of CLS notes the recent press comment in respect of the Company's interest in the sale by receivers of a national portfolio of primarily government occupied properties. The Board confirms that it has agreed broad terms for this portfolio, subject to the usual due diligence, and signed an exclusivity agreement with the receivers.
Further details will follow should this lead to a transaction.
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For further information, please contact:
CLS Holdings plc +44 (0)20 7582 7766
Sten Mortstedt, Executive Chairman
Henry Klotz, Executive Vice Chairman
Richard Tice, Chief Executive Officer
Liberum Capital Limited +44 (0)20 3100 2222
Tom Fyson
Charles Stanley Securities
Mark Taylor +44 (0)20 7149 6000
Hugh Rich
Kinmont Limited +44 (0)20 7087 9100
Jonathan Gray
Smithfield Consultants (Financial PR) +44 (0)20 7903 0669
Alex Simmons