9d49c3aa-fb50-4dbf-8a09-238f0cdbebf5.pdf

Release date: 4 May 2016

Embargoed until: 7.00 am

CLS Holdings plc ("CLS") completes on the disposal of Vänerparken, and repays Swedish retail bond

CLS Holdings plc announces that it has completed the disposal of its only remaining investment property in Sweden. The 418,800 sq ft (38,900 sqm) mixed-use office, educational, residential, leisure and medical complex Vänerparken, Vänersborg has been sold to Bengt Linden AB for SEK 590 million.

In a separate transaction, CLS has redeemed at par its SEK 300 million bond due 2016. The bond, which was issued in April 2011, was repaid on maturity on 27 April 2016 from the Company's cash resources.

Henry Klotz, Executive Chairman of CLS Holdings plc, commented:

"We are delighted to have completed on the sale of Vänerparken following a number of lease renewals in 2015. The repayment of our Swedish bond is a natural consequence of selling our only investment property in Sweden."

For further information, please contact:

-ends-

CLS Holdings plc

www.clsholdings.com

Henry Klotz, Executive Chairman Fredrik Widlund, Chief Executive Officer John Whiteley, Chief Financial Officer Sten Mortstedt, Executive Director

+44 (0)20 7582 7766

Liberum Capital Limited

Tom Fyson

+44 (0)20 3100 2222

Panmure Gordon (UK) Limited

Dominic Morley Andrew Potts

+44 (0)20 7886 2500

Kinmont Limited

Jonathan Gray

+44 (0)20 7087 9100

Smithfield Consultants (Financial PR)

Alex Simmons

+44 (0)20 7360 4900

Registered in England No. 2714781. Registered Office: 86 Bondway, London SW8 1SF

CLS Holdings plc published this content on 04 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 May 2016 06:08:07 UTC.

Original documenthttp://www.clsholdings.com/cls/uploads/press/pr-04-05-2016.pdf

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