Company Announcements

CLS announces the sale of three properties

Source: RNS
RNS Number : 6680U
CLS Holdings PLC
03 August 2022






Release date:                 3 August 2022 

Embargoed until:           07:00 am 



CLS Holdings plc ("CLS" or the "Group")

CLS announces the sale of two properties in the UK and one in France for £39.8 million


CLS announces that it has completed on the sale of two UK properties, Great West House, Brentford and 62 London Road, Staines and one French property, 96 Rue Nationale, Lille for a total of £39.8 million. The three properties sold for an average 3.7% above the 31 December 2021 valuations.


Further details will be provided in the half year results on 10 August 2022.


Fredrik Widlund, Chief Executive Officer of CLS, commented:


"These disposals are in line with CLS' asset management strategy and secure a significant return for CLS, capturing value for our investors while providing additional financial flexibility for the Group. I look forward to updating investors further on our recent performance with the announcement of our half year results next week.'






For further information, please contact:



CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

Fredrik Widlund, Chief Executive Officer

Andrew Kirkman, Chief Financial Officer

+44 (0)20 7582 7766


Liberum Capital Limited

Richard Crawley

Jamie Richards

+44 (0)20 3100 2222


Panmure Gordon

Hugh Rich

+44 (0)20 7886 2733


Matthew Armitt
Richard Bootle
+44 (0) 203 207 7800

Edelman Smithfield (Financial PR)

Alex Simmons 

Hastings Tarrant

+44 (0)20 3047 2546                                                                                              


        Registered in England No. 2714781. Registered Office as above.                               

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