Sale of Artwork
Summary by AI BETAClose X
17 September 2026
Camellia Plc
(‘Camellia’, the ‘Company’)
Sale of Artwork
Camellia notes the announcement required of and made by Goodricke Group Limited (a 74% owned Indian subsidiary of Camellia) on 17 September 2026 to the Bombay Stock Exchange in connection with the sale by auction of some of its artwork for an aggregate consideration of INR 277.5 million (c. £2.2 million).
Camellia is also pleased to announce that it sold some of its own artwork in the same auction realising proceeds of £1.6 million, almost all of which is profit. The proceeds 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
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) 07909 918034
Catherine Miles
H/Advisers (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.
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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