REG - Camellia PLC - Kakuzi Land Claims

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RNS Number : 1667J  Camellia PLC  27 November 2025

 

Camellia Plc

27 November 2025

Camellia plc ('Camellia') notes the recent announcement by Kakuzi plc
('Kakuzi') relating to adverse recommendations issued by the National Land
Commission (NLC), Kenya, in connection with historical land claims which call
for the surrender of approximately 3,200 acres of Kakuzi's agricultural land
holdings. Camellia has disclosed land claims as a risk in its previous annual
reports.

Kakuzi has been advised by legal counsel that it holds clear and valid title
to the subject lands, and that its rights to own legally acquired title is
protected under the Kenyan Constitution. Kakuzi has consistently contested the
claims and does not accept the NLC's recommendations. Acting on legal advice,
Kakuzi has commenced proceedings to challenge the NLC's recommendations.

Camellia owns 50.7% of Kakuzi, a company listed on the Nairobi and London
Stock Exchanges. Camellia considers that this matter will not affect delivery
or outcome of its Value Enhancement Plan or have a material impact on its
financial performance.

 

 

ENQUIRIES

Camellia
Plc
01622 746655

Byron Coombs Chief Executive Officer

Oliver Capon, Chief Financial Officer

Panmure Liberum
 
020 7886 2500

Nominated Adviser and Broker

Emma Earl

Will Goode

Rupert Dearden

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