Business
Sale of Artwork
Camellia Plc has announced the successful sale of a significant portion of its South Asian art collection through Christie's auction on June 11, 2026, generating net proceeds of £14.0 million after costs. This transaction resulted in a gross profit of £13.4 million compared to the collection's book value, and this announcement contains inside information. Disclaimer*
About this update from Camellia Plc
12 June 2026 Camellia Plc ('Camellia', the 'Company') Sale of Artwork Camellia plc is pleased to announce the sale of a substantial part of its remaining South Asian art collection through auction by Christies on 11 June 2026, resulting in net proceeds after costs receivable by Camellia of £14.0m and a gross profit (versus book value) of £13.4m. 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 / [email protected] 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 [email protected] . 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.