Camellia Regulatory News (CAM)

11 Aug 2006 14:29

Camellia PLC11 August 2006 Camellia Plc Acquisition by Duncan Lawrie Holdings Limited 11th August 2006 Duncan Lawrie Holdings Limited, a subsidiary of Camellia Plc, has today enteredinto an agreement under the terms of which it will make an offer for the entireissued and to be allotted share capital of Hill Martin Limited and Hill Martin(Holdings) Limited. The initial consideration, payable upon the acceptance of the offer will be, inaggregate, £4,231,159. Deferred consideration may be payable, subject tocontingencies, in respect of the acquisition of Hill Martin Limited. Hill Martin Limited provides financial planning services. Hill Martin(Holdings) Limited is the holding company of Hill Martin (Asset Management)Limited which provides private client investment management services. The acquisitions are conditional on, inter alia, the approval of the FinancialServices Authority. For further enquiries please contact Camellia PlcMalcolm Perkins, Chairman01622 74665511th August 2006 This information is provided by RNS The company news service from the London Stock Exchange