Update on Duncan Lawrie

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

 

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