Monday, June 19, 2017

JKH sells Union Assurance shares to meet SEC rule

John Keells Holdings PLC (the Company) disposed shares of its subsidiary Union Assurance PLC (UAL) towards meeting the Minimum Public Holding rule as a Continuous Listing Requirement

Further to the Directive issued by the Securities and Exchange Commission of Sri Lanka (SEC) on the Minimum Public Holding rule as a Continuous Listing Requirement, Whittall Boustead (Pvt) Limited, a subsidiary of the Company, disposed 65,001 Ordinary Shares of Union Assurance PLC on June 19 at Rs.152 per share towards meeting the above directive. 

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