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Camkids Group PLC (CAMK)

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Friday 01 August, 2014

Camkids Group PLC

Holding(s) in Company

RNS Number : 0233O
Camkids Group PLC
01 August 2014
 



 

 

Press Release

 1 August 2014

 

Camkids Group plc

 

("Camkids" or the "Group")

 

Holdings in Company

 

Camkids Group plc (AIM: CAMK), a leading Chinese designer, manufacturer and distributor of branded outdoor clothing, footwear and equipment for children and teenagers has today been informed that, following a sale of ordinary shares in the Company, Kai Xing Limited now holds 738,105 shares in Camkids, equivalent to 0.96% of the Company's issued share capital.  

 

- Ends -

 

For further information:

Camkids Group plc


Zhang Congming, Executive Chairman

Tel: +44 (0) 20 7398 7714

Ng Pei Eng, Chief Finance Officer

www.camkids-ir.com

 

Allenby Capital Limited


Alex Price / James Reeve / Nick Athanas

Tel: +44 (0) 20 3328 5656

[email protected]

www.allenbycapital.com

 

Media enquiries:

Abchurch Communications Limited


Henry Harrison-Topham / Canace Wong

Tel: +44 (0) 20 7398 7714

[email protected]

www.abchurch-group.com

 

Notes to Editors

Camkids is a leading Chinese designer, manufacturer and distributor of branded outdoor clothing, footwear and equipment for children and teenagers.

 

Based in Fujian province in China, the Group focuses on teenage sportswear for outdoor activities, combining functionality and innovation. The products are mid-range price based, targeting mid and high range markets within China.

 

The three main product areas are:

·     Camkids outdoor clothing - all weather jackets, waterproof trousers, shirts, tops and T-shirts, woollen sweaters, jeans, trousers shorts and skirts;

·     Camkids footwear - hiking boots, outdoor leisure footwear, flip-flops, sandals and boots

·     Camkids equipment and accessories - telescopes, backpacks, technical packs, tents, sleeping bags, headgear, caps, kettles, headlights and torches.

 

The Group designs its entire product range and manufactures the majority of its footwear.  Outdoor apparel and accessories are currently manufactured by third party OEMs.

 

Camkids' primary route to market for the sale of its products is through its network of distributors.  The Group has established an extensive distribution network across 29 provinces, 4 municipalities and 5 autonomous regions within the PRC and is successfully expanding its presence in tier 3 and tier 4 cities. The Group has 17 authorised distributors operating 1,336 franchised retail outlets, and is developing an online e-commerce platform to target online retail.

 

Camkids has received a number of prestigious awards. In January 2014, the Group was recognised by Asia Brand Association as the Top Brand in China for 2013 and the top ten Industry Customer Satisfaction Brand's.  The Group's Chairman also received the Brand China 'People of the Year' award.

 

For more information please visit www.camkids-ir.com.

 


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