COLOMBO, 09 September 2026 – Digital Mobility Solutions Lanka PLC (DMSL) today disclosed dealings by one of its Non-Independent, Non-Executive Directors, Mr. R H Gunewardene, involving the sale of company shares. The transactions, which occurred on September 8, 2026, were formally notified to the Colombo Stock Exchange (CSE) in compliance with regulatory requirements.
The announcement, made public through S S P Corporate Services (Private) Limited acting as Corporate Secretaries for Digital Mobility Solutions Lanka PLC, detailed two distinct share sale transactions by Mr. Gunewardene. These disclosures are mandatory under Section 7.8 (c) of the Listing Rules of the Colombo Stock Exchange, ensuring transparency in directors’ dealings with company securities.
Details of the Transactions
According to the official filing, Mr. R H Gunewardene executed the following sales on Tuesday, September 8, 2026:
- First Transaction: 315 shares were sold at a price of Rs. 160.25 per share.
- Second Transaction: A larger block of 15,556 shares was divested at a price of Rs. 160.00 per share.
In total, Mr. Gunewardene sold 15,871 shares of Digital Mobility Solutions Lanka PLC on the said date. The Board of Directors of Digital Mobility Solutions Lanka PLC was formally informed of these transactions on September 9, 2026.
Market Implications and Transparency
Disclosures of director dealings are a cornerstone of market transparency and good corporate governance. They provide valuable insights to investors regarding the confidence levels of company insiders. While the reasons behind a director’s decision to buy or sell shares are not always disclosed, the timely reporting of such transactions allows the broader market to assess and react to the movements of key personnel.
Digital Mobility Solutions Lanka PLC, a notable entity on the CSE, continues to adhere to the highest standards of regulatory compliance, ensuring that all significant dealings by its directors are promptly communicated to the exchange and its stakeholders.
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