Board changes

RNS Number : 0370S
Camellia PLC
02 July 2015
 

Camellia Plc

 

("Camellia" or the "Company")

 

Board changes

 

Camellia Plc is pleased to announce the appointment of Mr Tom Franks as Chief Executive Officer with effect from 1 September 2015.  Mr Franks joined Camellia and was appointed to the Board on 1 October 2014.

The Company also announces that Mr Peter Field will retire as a Director of Camellia with effect from 31 December 2015.  Mr Field will remain as non-executive Chairman of the group's operations in India and Bangladesh.

Mr Christopher Ames has tendered his resignation as a Director of Camellia with effect from 2 July 2015.

M C Perkins

Chairman

2 July 2015

 

Camellia Plc                                                                                              01622 746655

Malcolm Perkins, Chairman

Tom Franks, Deputy Chief Executive

Julia Morton, Company Secretary

 

Charles Stanley Securities                                                                     020 7149 6000

Nominated Adviser & Broker

Russell Cook

James Greenwood

 

Company description:

 

Camellia Plc (CAM.L) is a global agriculture and horticulture group, whose activities also extend to engineering, food storage and distribution, banking and financial services. The Group employs approximately 75,000 people globally.

 

The agriculture and horticulture division is engaged in the growing and production of tea, edible nuts (macadamias, pistachios and almonds), citrus fruits, avocados, rubber, forestry, viticulture, cattle, other horticultural produce and general farming (maize and soya). The Group is one of the largest private tea producers world-wide with a total of 65 tea estates and 60 tea factories. The Group's main operations are in India, Bangladesh, Malawi and Kenya, where the tea is grown and produced. It also has notable agricultural operations, other than tea, in Brazil, California, Kenya, South Africa and Malawi.

 

The engineering division is engaged in precision engineering, cutting and grinding, heat treatment, galvanising, powder coating, and metal finishing, etch inspection, the manufacture of stables, and the development of catalysts. These businesses are predominantly UK based and serve customers in a number of sectors including the offshore oil and gas and aerospace sectors.

 

The food storage and distribution division is involved in frozen, chilled and ambient temperature food supply chain management providing cold storage, refrigerated transport and production support to several leading UK food manufacturers. It also specialises in frozen imports and distributes seafood products in Europe and supplies food service customers in the Netherlands with fish products.

 

The banking and financial services division comprises Duncan Lawrie, which provides an integrated suite of banking services, financial planning, investment management and trust and estate advice.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOAXLLFBEDFBBBD

Companies

Camellia (CAM)
UK 100

Latest directors dealings