By J. Kurukulasuriya
Ceylon Finance Today: There have been several significant dealings in the shares of their companies by the directors of several companies in the preceding days. Rule 7.8 of the listing rules of the Colombo Stock Exchange make it mandatory for the directors of listed companies to disclose such trades.
Richard Pieris and Co PLC director, Sena Yaddehige bought 25,615,215 shares at Rs 3.08 each on 30 September, in terms of an employee stock option plan — total investment Rs 78.8 million.
W. D. N. H. Perera Chairman of Pan Asia Bank, bought 657,892 shares on or around 2 October, at a price of between Rs 23.20 and 24.50 each, through Don Wilbert Capital Ltd., a company in which he has an interest – the total investment thus being over Rs 15 million.
Sierra Cables Managing Director D. S. Panditha bought over 278,000 shares at Rs 2.30 each on 2 October.
Chandana L. De Silva ,director of Dunamis Capital PLC bought shares worth Rs 2,809,000, on or around 3 October.
The directors of Lighthouse Hotels PLC, part of the Jetwing Hotel Group, N. J. H. M. Coorey who is an executive director and M. T. M. S Coorey a non executive director have been steadily buying up small quantities of shares in recent months.
On 1 October they bought another 500 shares at a price of Rs 60. N.T.M.S. Cooray had 789,000 shares (1.25%) of the share capital and N.J.H.M. Cooray held 748,000 shares (1.63%), as at 30 June 2014 and is among the 20 major shareholders. Jetwing Hotels Management Services (Pvt) Ltd., and Mercantile Investments and Finance PLC are the two top shareholders of Lighthouse Hotel and together own over 54% of the ordinary voting shares.
On the sales side, S. Rajaratnam director of Beruwala Resorts PLC., sold one million shares at Rs 2.20 on 2 October and 1,100 shares and 2,200 shares just previous to that.
www.ceylontoday.lk
Ceylon Finance Today: There have been several significant dealings in the shares of their companies by the directors of several companies in the preceding days. Rule 7.8 of the listing rules of the Colombo Stock Exchange make it mandatory for the directors of listed companies to disclose such trades.
Richard Pieris and Co PLC director, Sena Yaddehige bought 25,615,215 shares at Rs 3.08 each on 30 September, in terms of an employee stock option plan — total investment Rs 78.8 million.
W. D. N. H. Perera Chairman of Pan Asia Bank, bought 657,892 shares on or around 2 October, at a price of between Rs 23.20 and 24.50 each, through Don Wilbert Capital Ltd., a company in which he has an interest – the total investment thus being over Rs 15 million.
Sierra Cables Managing Director D. S. Panditha bought over 278,000 shares at Rs 2.30 each on 2 October.
Chandana L. De Silva ,director of Dunamis Capital PLC bought shares worth Rs 2,809,000, on or around 3 October.
The directors of Lighthouse Hotels PLC, part of the Jetwing Hotel Group, N. J. H. M. Coorey who is an executive director and M. T. M. S Coorey a non executive director have been steadily buying up small quantities of shares in recent months.
On 1 October they bought another 500 shares at a price of Rs 60. N.T.M.S. Cooray had 789,000 shares (1.25%) of the share capital and N.J.H.M. Cooray held 748,000 shares (1.63%), as at 30 June 2014 and is among the 20 major shareholders. Jetwing Hotels Management Services (Pvt) Ltd., and Mercantile Investments and Finance PLC are the two top shareholders of Lighthouse Hotel and together own over 54% of the ordinary voting shares.
On the sales side, S. Rajaratnam director of Beruwala Resorts PLC., sold one million shares at Rs 2.20 on 2 October and 1,100 shares and 2,200 shares just previous to that.
www.ceylontoday.lk
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