Camellia reports GBP3.7 million artwork sale, issues Goodricke update

(Alliance News) - Camellia PLC on Wednesday said it has sold artwork for GBP3.7 million, ...

Alliance News 1 April, 2026 | 3:42PM
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(Alliance News) - Camellia PLC on Wednesday said it has sold artwork for GBP3.7 million, realising a profit of GBP3.6 million, to support its value enhancement plan.

The holding company for agriculture businesses said this plan aims to increase investment into higher-return operating assets to generate long-term growth.

Kent, England-based Camellia also noted the announcement of Indian subsidiary Goodricke Group Ltd on Wednesday.

Camellia owns 74% of Goodricke, which terminated a memorandum of understanding announced in February regarding the proposed sale of its Barnesbeg Tea Estate.

Shares in Camellia closed down 1.1% at 4,834.24 pence in London on Wednesday.

By Abena Oppon, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Camellia PLC 4,935.00 GBX 0.92 -

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