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Camellia PLC (CAM)

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Thursday 02 April, 2015

Camellia PLC

Board changes

RNS Number : 3502J
Camellia PLC
02 April 2015
 

2 April 2015

 

Camellia Plc

(the "Company" or the "Group")

 

Board Changes

 

The Company is pleased to announce that Susan Walker has been appointed as an executive director of the Company with effect from 2 April 2015. As previously announced on 10 June 2014, she will formally take over as Finance Director on 4 June 2015, when Anil Mathur retires from the Board.

 

Susan Walker (nee Douglas) F.C.C.A, joined Camellia on 1 July 2014 as Finance Director Designate.  Prior to joining Camellia, she held various positions at KPMG over a 21 year period, latterly as Director, Corporate Finance and more recently was Director, Plc Advisory at BDO Corporate Finance.  She is 47.

 

Save for the declarations above there is no further information to be disclosed under Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.

 

Camellia Plc                                                                                                                 01622 746655

Malcolm Perkins, Chairman

Julia Morton, Company Secretary

 

Charles Stanley Securities                                                                                           020 7149 6000

Nominated Adviser & Broker

Russell Cook

Carl Holmes

 

Company description:

 

Camellia Plc (CAM.L) is a global agriculture and horticulture group, whose activities also extend to engineering, food storage and distribution, banking and financial services. The Group employs approximately 75,000 people globally.

 

The agriculture and horticulture division is engaged in the production of tea, edible nuts (macadamias, pistachios and almonds), citrus fruits, avocado, rubber, forestry, viticulture, cattle, other horticultural produce and general farming (maize and soya). The Group is one of the largest private tea producers world-wide with a total of 65 tea estates and 60 tea factories. The Group's main operations are in India, Bangladesh, Malawi and Kenya, where the tea is grown and produced. It also has notable agricultural operations, other than tea, in Brazil, California, Kenya, South Africa and Malawi.

 

The engineering division is engaged in precision engineering, cutting and grinding,   fabrication, heat treatment, galvanising, powder coating and manufacture of stables, etch inspection and catalysts. These businesses are predominately UK based and serve customers in a number of sectors including the offshore oil and gas and aerospace sectors.

 

The food storage and distribution division is involved in frozen, chilled and ambient temperature food supply chain management providing cold storage, refrigerated transport and production support to several leading UK food manufacturers. It also specialises in frozen imports and distributes seafood products in Europe and supplies food service customers in the Netherlands with fish products.

 

The banking and financial services division comprises Duncan Lawrie, which provides an integrated suite of banking services, financial planning, investment management and trust and estate advice.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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