CLI Cls Holdings Plc

TIDMCLI

RNS Number : 5370U

CLS Holdings PLC

18 January 2017

CLS Holdings plc

("CLS", the "Company", the "Group")

Trading Statement

CLS Holdings plc announces that it expects its financial results and EPRA Net Asset Value per Ordinary Share for the year ended 31 December 2016 to be ahead of current market forecasts. This is primarily due to a strong operating performance and an increase in the values of its London and French properties since 1 July exceeding market expectations.

The Group's full year results are expected to be announced on Wednesday 8 March 2017.

This announcement contains inside information.

-ends-

For further information, please contact:

CLS Holdings plc

www.clsholdings.com

+44 (0)20 7582 7766

Henry Klotz, Executive Chairman

Fredrik Widlund, Chief Executive Officer

John Whiteley, Chief Financial Officer

Sten Mortstedt, Executive Director

Liberum Capital Limited

+44 (0)20 3100 2222

Richard Crawley

Jamie Richards

Panmure Gordon (UK) Limited

+44 (0)20 7886 2500

Dominic Morley

Andrew Potts

Elm Square Advisers Limited

+44 (0)20 7823 3695

Jonathan Gray

Smithfield Consultants (Financial PR)

+44 (0)20 7360 4900

Alex Simmons

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 18, 2017 11:22 ET (16:22 GMT)

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