RNS Number : 2832Z

Cambium Global Timberland Limited

20 May 2021

20 May 2021

Cambium Global Timberland Limited

(the "Company")

Portfolio Update

The Company announces the signing of an agreement on 19 May 2021 for the settlement of the Company's claim on the Lizarda property in Tocantins State. The claim, relating to the release of a lien over the property, had been valued at nil in the Company's accounts but settlement has been made for Brazilian Reals 2,000,000.00 (approximately GBP270,000.00) and the funds received in full.

This was the Company's sole remaining uncontracted property related asset.

Tony Gardner-Hillman, Chairman, welcomed this additional significant step in the right direction which brings Cambium very close to the end of its stated aim to realise its assets.

For further enquiries please contact:


Tony Gardner-Hillman

01534 486980

Broker and Nominated Adviser

W H Ireland

James Joyce

020 7220 1698

Administrator and Company Secretary

Praxis Fund Services (Jersey) Limited

01534 835831

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.

LEI: 213800YGRM8HG1S74M46

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(END) Dow Jones Newswires

May 20, 2021 04:32 ET (08:32 GMT)

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