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Camellia PLC (CAM)

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Thursday 11 May, 2017

Camellia PLC

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.






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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