Camellia

CAM · AIM · Food, Beverage and Tobacco · mcap £142m · 5725.0p

Camellia is a UK-listed group that owns and runs agriculture businesses, mainly tea in India and Bangladesh and avocados, macadamias and crops in Kenya, Malawi, Tanzania and Brazil. It also holds an investment portfolio, property and art assets.

Target	Promise	Said	Status
2024
31 Dec 2024	Complete sale of BF&M shareholding to Argus for $100m, first expected Q1 2024, later latter part of 2024	4 Jan 2024	✓ Kept
	“some key approvals remain outstanding which we now expect in Q2 2024” Also stated 6 Jun 2024 · 28 Jun 2024 Result Sale completed 6 December 2024 for US$100m, after delays from Q1 2024. “the sale of its shares in BF&M Limited to Bermuda Life Insurance Company Limited, a subsidiary of Argus Group Holdings Limited, for a gross consideration of US$100 million completed on 5 December and all funds have been received.”6 Dec 2024 · Disposal
2025
19 May 2025	Announce the Value Enhancement Plan (medium-term review outcome) by 19 May 2025	30 Apr 2025	✓ Kept
	“details of its Value Enhancement Plan ('VEP'), focussed on improving operating results, growth areas, and capital allocation priorities, will be announced on Monday, 19 May 2025” Also stated 8 May 2025 Result VEP and £18.9m tender offer announced on 19 May 2025. “Camellia announces its Value Enhancement Plan ('VEP'), designed to generate value and sustainable profitability for the benefit of shareholders and all stakeholders.”19 May 2025 · Value Enhancement Plan “Camellia is also, separately, today announcing a proposed tender offer of up to 350,000 shares at £54.00 per share, totalling £18.9 million (the 'Tender Offer').”19 May 2025 · Value Enhancement Plan