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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cambium Global Timberland Limited | LSE:TREE | London | Ordinary Share | JE00B1NNWQ21 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.75 | 6.00 | 7.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMTREE
RNS Number : 3141N
Cambium Global Timberland Limited
07 August 2017
7 August 2017
Cambium Global Timberland Limited (the "Company")
Portfolio Update
The Company announces today the completion of the sale of its Hawaiian assets, namely the leasehold interests at the Pinnacle and Pahala Estates. The escrow agent has paid to the Company the cash proceeds of the sale, representing the total carrying value of the assets reported in the Company's 30 April 2017 Annual Report, less transaction and related costs. The escrow funds were reflected in the Company's stated net assets as at 30 April 2017 and therefore there has been no material impact on the net asset value of the Company.
The Company has now successfully exited all its former interests in Hawaii and now holds only its interests in Tocantins and Minas Gerais, Brazil.
For further enquiries please contact:
Chairman
Tony Gardner-Hillman
01534 486980
Broker and Nominated Adviser
Panmure Gordon
Paul Fincham/Jonathan Becher
0207 886 2500
Sub-Administrator and Delegate Company Secretary
Praxis Fund Services Limited
Matt Falla/Poppy Tolcher
01481 737600
Inside information
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014). Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISUGUPWRUPMGWM
(END) Dow Jones Newswires
August 07, 2017 09:34 ET (13:34 GMT)
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