Colombo, Sri Lanka – 04 September 2026 – Ceylon Investment PLC (CSE: CINV) today issued a formal clarification regarding its share repurchase offer period, addressing a recent newspaper article that suggested a further postponement. The company, a prominent entity within the Sri Lankan investment landscape, stated that the revised timeline for its share repurchase program was already announced on 02nd September 2026, subsequent to obtaining necessary regulatory approvals.
The clarification comes in response to an article published in the “Daily FT” on 04th September 2026, titled “Ceylon Investment and Ceylon Guardian push back combined Rs. 1 b share repurchases to 22 Sept.” Ceylon Investment PLC emphasized that its intention was to prevent any misunderstanding or confusion among the public and its shareholders that might arise from such media reports.
Addressing Media Misconceptions
In a communiqué addressed to Ms. Nilupa Perera, Chief Regulatory Officer of the Colombo Stock Exchange (CSE), Ceylon Investment PLC referenced its initial announcement made on Thursday, 23rd July 2026, concerning the share repurchase offer. The company highlighted that the subsequent revision of the offer period was officially disclosed on Wednesday, 02nd September 2026.
This revision, as CINV explained, was a necessary step following the successful attainment of regulatory concurrence for the Offer Document. It also allowed for adequate time to complete crucial procedures before the Offer Document could be dispatched to all eligible shareholders. The company underscored that this proactive approach ensures compliance and transparency in its dealings with the market.
Regulatory Compliance and Shareholder Communication
Ceylon Investment PLC’s clarification was made in accordance with Rule 8.5 (b) of the Colombo Stock Exchange rules, which pertains to prompt disclosure of material information. The company’s steadfast adherence to regulatory guidelines is crucial for maintaining market integrity and investor confidence.
The company, through Natasha Selvaratnam, President – Group Company Secretarial at Carsons Management Services (Private) Limited (acting as Secretaries), reiterated its commitment to clear and timely communication. This move aims to ensure that all stakeholders, particularly its shareholders, are well-informed and can make decisions based on accurate and verified information directly from the company.
Investors and the public are advised to refer to official announcements made by Ceylon Investment PLC through the Colombo Stock Exchange for the most accurate and up-to-date information regarding its corporate actions.
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