11 May 2017 07:00
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.
Enquiries
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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Camellia (CAM)