Shareholder Base
The total number of shareholders as at December 31, 2008 was 10,031 compared to the 9,877 as at December 31, 2007.
Distribution and Composition of Shareholders
| Shares |
Ordinary Voting Shares |
Ordinary Non-Voting Shares |
| |
No. of shareholders |
% |
No. of shares |
% |
No. of shareholders |
% |
No. of shares |
% |
| Up to 1,000 |
3,390 |
49.00 |
1,021,465 |
0.44 |
1,916 |
61.57 |
571,647 |
3.55 |
| 1,001-5,000 |
2,100 |
30.35 |
5,367,305 |
2.31 |
788 |
25.32 |
1,846,597 |
11.45 |
| 5,001-10,000 |
618 |
8.93 |
4,369,071 |
1.87 |
176 |
5.66 |
1,247,119 |
7.73 |
| 10,001-50,000 |
618 |
8.93 |
12,562,455 |
5.38 |
184 |
5.91 |
4,124,794 |
25.59 |
| 50,001-100,000 |
79 |
1.14 |
5,533,016 |
2.37 |
27 |
0.87 |
1,743,951 |
10.82 |
| 100,001-500,000 |
82 |
1.19 |
16,881,531 |
7.24 |
18 |
0.58 |
3,478,823 |
21.58 |
| 500,001-1,000,000 |
10 |
0.14 |
7,111,299 |
3.05 |
2 |
0.06 |
1,395,905 |
8.66 |
| Over 1,000,000 |
22 |
0.32 |
180,435,084 |
77.34 |
1 |
0.03 |
1,711,961 |
10.62 |
| Total |
6,919 |
100.00 |
233,281,226 |
100.00 |
3,112 |
100.00 |
16,120,797 |
100.00 |
Composition of Shareholders
Ordinary Voting Shares
| |
As at December 31, 2008 |
As at December 31, 2007 |
|
No. of shareholders |
% |
No. of shares |
% |
No. of shareholders |
% |
No. of shares |
% |
| Resident |
6,709 |
96.96 |
152,670,950 |
65.44 |
6,378 |
96.81 |
152,822,964 |
65.61 |
| Non-Resident |
210 |
3.04 |
80,610,276 |
34.56 |
210 |
3.19 |
80,108,213 |
34.39 |
| Total |
6,919 |
100.00 |
233,281,226 |
100.00 |
6,588 |
100.00 |
232,931,177 |
100.00 |
| |
|
|
|
|
|
|
|
|
| |
As at December 31, 2008 |
As at December 31, 2007 |
|
No. of shareholders |
% |
No. of shares |
% |
No. of shareholders |
% |
No. of shares |
% |
| Individuals |
6,509 |
94.07 |
44,985,021 |
19.28 |
6,164 |
93.56 |
46,018,267 |
19.76 |
| Institutions |
410 |
5.93 |
188,296,205 |
80.72 |
424 |
6.44 |
186,912,910 |
80.24 |
| Total |
6,919 |
100.00 |
233,281,226 |
100.00 |
6,588 |
100.00 |
232,931,177 |
100.00 |
As per Rule No. 8.7 (h) of the Colombo Stock Exchange, percentage of public holding as at December 31, 2008 was 56.21% (46.55% as at December 31, 2007).
| Ordinary Non Voting Shares |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
As at December 31, 2008 |
As at December 31, 2007 |
|
No. of shareholders |
% |
No. of shares |
% |
No. of shareholders |
% |
No. of shares |
% |
| Resident |
3,044 |
97.81 |
14,218,820 |
88.20 |
3,218 |
97.84 |
14,989,588 |
92.98 |
| Non-Resident |
68 |
2.19 |
1,901,977 |
11.80 |
71 |
2.16 |
1,131,209 |
7.02 |
| Total |
3,112 |
100.00 |
16,120,797 |
100.00 |
3,289 |
100.00 |
16,120,797 |
100.00 |
| |
|
|
|
|
|
|
|
|
| |
As at December 31, 2008 |
As at December 31, 2007 |
|
No. of shareholders |
% |
No. of shares |
% |
No. of shareholders |
% |
No. of shares |
% |
| Individuals |
2,947 |
94.70 |
9,576,731 |
59.41 |
3,099 |
94.22 |
9,760,898 |
60.55 |
| Institutions |
165 |
5.30 |
6,544,066 |
40.59 |
190 |
5.78 |
6,359,899 |
39.45 |
| Total |
3,112 |
100.00 |
16,120,797 |
100.00 |
3,289 |
100.00 |
16,120,797 |
100.00 |
As per Rule No. 8.7 (h) of the Colombo Stock Exchange, percentage of public holding as at December 31, 2008 was 88.08%
(88.02% as at December 31, 2007).
Twenty Largest Shareholders
| As at December 31, |
2008 |
|
2007(*) |
|
| Ordinary Voting Shares |
No. of Shares |
% |
No. of Shares |
% |
| DFCC Bank |
67,090,868 |
28.76 |
67,090,868 |
28.80 |
| HSBC Intl. Nominees Ltd. - SSBT - International Finance Corporation GNA-C61V |
33,800,000 |
14.49 |
33,800,000 |
14.51 |
| Galleon Diversified Fund Ltd. |
12,175,622 |
5.22 |
12,175,622 |
5.23 |
| Sri Lanka Insurance Corporation Ltd. - Life Fund |
12,014,808 |
5.15 |
12,014,808 |
5.16 |
| Sri Lanka Insurance Corporation Ltd. - General Fund |
10,331,082 |
4.43 |
10,331,082 |
4.44 |
| Mr. A.M.A. Almeshaal |
7,283,633 |
3.12 |
7,283,633 |
3.13 |
| Distilleries Company of Sri Lanka |
5,182,614 |
2.22 |
5,182,614 |
2.22 |
| National Savings Bank |
4,624,928 |
1.98 |
4,624,928 |
1.99 |
| HSBC Intl. Nominees Ltd. - BPSS LUX - Aberdeen Global Asia Pacific Equity Fund |
2,870,500 |
1.52 |
1,705,600 |
2.05 |
| HSBC Intl. Nominees Ltd. - BPSS LUX - Aberdeen Global - Asian Smaller
Companies Fund |
2,870,500 |
1.23 |
1,705,600 |
0.73 |
| Mr. Y.S.H.I.K. Silva |
2,740,316 |
1.17 |
2,617,816 |
1.12 |
| HSBC Intl. Nominees Ltd. - HSBC Bank PLC - First State Asian Equity Plus Fund |
2,717,500 |
1.16 |
2,717,500 |
1.17 |
| Northern Trust Co. S/A Murray Johnstone International Delaware Business Trust |
2,679,040 |
1.15 |
2,679,040 |
1.15 |
| HSBC Intl. Nominees Ltd. - JPMCB - Scottish ORL SML TR GTI 6018 |
2,240,233 |
0.96 |
2,240,233 |
0.96 |
| HSBC Intl. Nominees Ltd. - SSBTL - Aberdeen Asia Smaller Companies
Investment Trust XCB9 |
1,993,333 |
0.85 |
1,993,333 |
0.86 |
| Hatton National Bank PLC |
1,430,574 |
0.61 |
1,430,574 |
0.61 |
| Freudenberg Shipping Agencies PLC |
1,390,400 |
0.60 |
1,343,400 |
0.58 |
| HSBC Ltd. - National Equity Fund |
1,389,133 |
0.60 |
1,525,333 |
0.65 |
| Employees Trust Fund Board |
1,283,221 |
0.55 |
725,421 |
0.31 |
| Bank of New York - Bear Stearns Securities Corporation |
1,262,000 |
0.54 |
732,700 |
0.31 |
| Sub Total |
178,053,992 |
76.31 |
176,982,691 |
75.98 |
| Other Shareholders |
55,227,234 |
23.69 |
55,948,486 |
24.02 |
| Total |
233,281,226 |
100.00 |
232,931,177 |
100.00 |
(*) Comparative shareholdings as at December 31, 2007 of the twenty largest shareholders as at December 31, 2008
| As at December 31, 2008 2007(*) |
2008 |
|
2007(*) |
|
| Ordinary Non-Voting Shares |
No. of Shares |
% |
No. of Shares |
% |
| Sri Lanka Insurance Corporation Ltd. - General Fund |
1,711,961 |
10.62 |
1,711,961 |
10.62 |
| Bank of New York - Bear Stearns Securities Corporation |
762,000 |
4.73 |
– |
– |
| Akbar Brothers Ltd. A/C No. |
1 633,905 |
3.93 |
568,005 |
3.52 |
| Beta Holdings Ltd. |
500,000 |
3.10 |
444,053 |
2.75 |
| Ellawala Exports (Pvt) Ltd. |
403,000 |
2.50 |
308,706 |
1.91 |
| M.J.F. Exports Ltd. |
278,677 |
1.73 |
278,677 |
1.73 |
| The Gilpin Fund Ltd. |
253,466 |
1.57 |
346,666 |
2.15 |
| Mr. J.D. Bandaranayake |
249,742 |
1.55 |
249,742 |
1.55 |
| Mohamed Faizer Hashim |
177,692 |
1.10 |
177,692 |
1.10 |
| Dr. A.K.A. Jayawardene |
173,354 |
1.08 |
126,054 |
0.78 |
| The Associated Newspapers of Ceylon Ltd. |
166,610 |
1.03 |
277,682 |
1.72 |
| Mahendra Jayanthipal Chandima Amarasuriya |
151,881 |
0.94 |
151,881 |
0.94 |
| Jayalath Githal De Mel |
149,566 |
0.93 |
133,766 |
0.83 |
| JB Cocoshell (Pvt) Ltd. |
145,200 |
0.90 |
264,100 |
1.64 |
| Gold Investment Ltd. |
137,598 |
0.85 |
95,398 |
0.59 |
| Employees Trust Fund Board |
132,270 |
0.82 |
196,570 |
1.22 |
| Mr. G.R. Mallawaaratchy |
127,100 |
0.79 |
728 |
0.00 |
| Alpex Marine (Pvt) Ltd. |
121,333 |
0.75 |
121,333 |
0.75 |
| The Associated Newspapers of Ceylon Ltd. (CDS 01970) |
111,072 |
0.69 |
– |
– |
| Mr. W.R.H. Perera |
100,172 |
0.62 |
87,672 |
0.54 |
| Sub Total |
6,486,599 |
40.23 |
5,540,686 |
34.37 |
| Other Shareholders |
9,634,198 |
59.77 |
10,580,111 |
65.63 |
| Total |
16,120,797 |
100.00 |
16,120,797 |
100.00 |
(*) Comparative shareholdings as at December 31, 2007 of the twenty largest shareholders as at December 31, 2008
Directors’ Shareholding
|
Ordinary - Voting |
|
Ordinary - Non-Voting |
|
Name
As at December 31, |
2008 |
2007 |
2008 |
2007 |
| Mr. M.J.C. Amarasuriya |
447,097 |
447,097 |
151,881 |
151,881 |
| Mr. B.R.L. Fernando |
– |
– |
8,414 |
8,414 |
| Mr. A.L. Gooneratne |
806,216 |
806,216 |
38,028 |
38,028 |
| Dr. H.S. Wanasinghe |
– |
– |
– |
– |
| Mr. A.N. Fonseka (Resigned w.e.f. January 31, 2009) |
– |
– |
1,077 |
1,077 |
| Mr. Lalin J.A. Fernando |
– |
– |
– |
– |
| Mr. P.M. Martelli (Appointed on October 16, 2008) |
– |
– |
– |
– |
| Mr. D.S. Weerakkody |
1,000 |
– |
– |
– |
| Mr. P. Kjellerhaug (Appointed on October 16, 2008) |
– |
– |
– |
– |
| Mrs. S.N. Wickramasinghe (Appointed on February 01, 2009) |
– |
– |
– |
– |
| Mr. R.M.S. Fernando |
– |
– |
3,466 |
3,466 |
| Mr. K. Balendra (Resigned w.e.f. April 16, 2008) |
N/A |
– |
N/A |
– |
| Mr. I.M. Malas (Resigned w.e.f. July 10, 2008) |
N/A |
– |
N/A |
– |
| Mr. G. Galudec (Resigned w.e.f. May 31, 2008) |
N/A |
– |
N/A |
– |
|