Exchange of Contracts for sale of Linton Park

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 / [e-mail]

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 [e-mail].

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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