Camellia PLC Disposal

RNS Number : 4408K

Camellia PLC

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DISMBBBTMTJJBFI

Camellia (LSE:CAM)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024