19 Dec 2018 15:31
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014). Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.
Cambium Global Timberland Limited
(the "Company")
Contract update
The Company announced on 1 November 2018 that it had entered into a contract at Agua Santa representing approximately 470,000m(3) of timber at a price in the region of R$41.50 per m(3) , to be harvested and paid for over four years and that it was negotiating a contract in at Ribeirao do Gardo representing approximately 115,000m(3) of timber at a price in the region of R$40.00 per m(3) , to be harvested and paid for over two years.
The Company is pleased to confirm that it has signed the contract at Ribeirao do Gardo and also that harvesting has begun at Agua Santa.
For further enquiries please contact:
Cambium Global Timberland Limited
Tony Gardner-Hillman
01534 486980
Broker and Nominated Adviser
WH Ireland Limited
James Joyce/Chris Viggor
020 7220 1666
Sub-Administrator and Company Secretary
Praxis Fund Services Limited
Matt Falla/Gemma Woods
01481 737600
LEI: 213800YGRM8HG1S74M46
TREE.L (TREE)