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Pin to quick picksCamellia Regulatory News (CAM)

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Disposal

31 Oct 2024 11:37

RNS Number : 4408K
Camellia PLC
31 October 2024
 

31 October 2024

Camellia Plc

(the "Company" or the "Group")

 

Possible sale of Bangladesh associate companies

 

Camellia notes the announcements made on the Dhaka Stock Exchange by United Finance Limited and United Insurance Company Limited, Camellia's Bangladesh listed associate companies operating in the finance and insurance sectors. Camellia confirms that certain of its subsidiaries have agreed in principle to sell their entire holdings in United Finance Limited (38.4% ownership) and United Insurance Company Limited (37% ownership) by way of block trades on the Dhaka Stock Exchange, subject to, inter alia, receipt of required regulatory approvals in Bangladesh. 

 

A further announcement will be made in due course as appropriate.

 

 

 

 

 

 

 

 

This announcement contains inside information for the purposes of the UK Market Abuse Regulation.

 

Enquiries

 

Camellia Plc

01622 746655

Byron Coombs, CEO

Oliver Capon, Chief Financial Officer

Panmure Liberum

020 7886 2500

Nominated Adviser and Broker

 

Emma Earl

Rupert Dearden

H/Advisors Maitland 

07785 292617

PR

 

William Clutterbuck

 

 

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Date   Source Headline
5th Feb 20257:00 amRNSTransaction in Own Shares
4th Feb 20258:29 amRNSTransaction in Own Shares
3rd Feb 20257:00 amRNSTransaction in Own Shares
31st Jan 20257:00 amRNSTransaction in Own Shares
30th Jan 20257:00 amRNSTrading Update
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13th Jan 20257:00 amRNSTransaction in Own Shares
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19th Dec 20247:00 amRNSTransaction in Own Shares
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6th Sep 202411:44 amRNSInterim Report 2024
6th Sep 20247:00 amRNSHalf-year Report
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1st May 202412:30 pmRNSAnnual Report & Notice of Annual General Meeting
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17th Jul 20237:00 amRNSDirector Changes
9th Jun 202312:08 pmRNSResult of AGM
8th Jun 20237:00 amRNSAGM Trading Statement
6th Jun 202312:00 pmRNSSale of holding in BF&M Limited
11th May 202311:04 amRNSAnnual Report and Notice of AGM
4th May 20237:00 amRNSFinal Results
20th Mar 20237:00 amRNSChange of Registered Office Address
8th Mar 20237:00 amRNSTrading Update
30th Jan 20237:00 amRNSBF&M Strategic Review Conclusion
10th Jan 20239:01 amRNSCompletion of Disposal of ACS&T
19th Dec 20227:00 amRNSDisposal of ACS&T and Relocation of Head Office
7th Dec 20227:00 amRNSTrading Update
22nd Nov 20222:38 pmRNSTrading Update

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