REG - Camellia PLC - Exchange of Contracts for sale of Linton Park

CamelliaAnnouncement

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RNS Number : 3109Z  Camellia PLC  02 April 2026

2 April 2026
Camellia Plc

('Camellia', the 'Company')

Exchange of Contracts for sale of Linton Park

 

Camellia is pleased to announce the exchange of contracts for the sale of
Linton Park including the remaining properties and artwork of the Linton Park
estate for gross proceeds of £11.0 million. Completion of the sale is
expected on or before 22 April. At completion, the transaction is expected to
realise a profit of £0.4 million.

In total, the sale of all the properties and artwork of the Linton Park estate
over the past eighteen months is forecast to realise £18.7 million of gross
proceeds with an aggregate profit on sale of £1.4 million. We anticipate that
the sale of these properties will reduce annual costs by c.£0.4 million.

The Company has been actively disposing of its non-core investment real estate
in the UK. Following completion of this transaction, Camellia will only hold
two UK investment properties, valued at £1.7 million.

The proceeds from these disposals will support the Company's Value Enhancement
Plan, which includes increasing investment into higher-return operating assets
to generate long-term growth in shareholder value.

 

This announcement contains inside information under Article 7 of the Market
Abuse Regulation (EU) No. 596/2014, as part of UK domestic law via the
European Union (Withdrawal) Act 2018.

 

Enquiries:

Camellia
Plc
01622 746655 / investorrelations@camellia.co.uk
(mailto:investorrelations@camellia.co.uk)

Byron Coombs, Chief Executive

Oliver Capon, Chief Financial Officer

Panmure Liberum (Nominated Adviser and Broker)             020
7886 2500

Emma Earl / Will Goode

Rupert Dearden

Equitory Limited (Investor
Relations)
       07909918034

Catherine Miles

H/Advisers Maitland (Financial PR)
                                    07785
292617

William
Clutterbuck

Investors can register to receive updates and news from the Company by
registering their email address at investorrelations@camellia.co.uk
(mailto:investorrelations@camellia.co.uk) .

 

About Camellia:

Camellia Plc is the ultimate holding company of a group of agricultural
businesses incorporated in jurisdictions across the world (the 'Operating
Companies'), while also owning and operating other assets outside of
agriculture.

Camellia's purpose is to grow and nurture agricultural businesses and assets
of the highest quality - creating value for today's shareholders, while
investing for the long term. Camellia's Operating Companies are committed to
working fairly, sustainably and with integrity for the wellbeing of their
employees, communities, and the natural environment.

The Operating Companies collectively own and manage circa 50,000 hectares of
mature land across seven countries (Bangladesh, Brazil, India, Kenya, Malawi,
South Africa, and Tanzania).

The majority of the Group's revenue is derived from the growing of tea,
avocado, macadamia, rubber, wine grapes, blueberries, arable crops, forestry
and livestock. The Operating Companies have well-established and
industrial-scale operations, with reputations for high-quality products.

 

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