Colombo, 09 September 2026 – WealthTrust Securities PLC (CSE: WTS) has announced a significant transaction involving a substantial shareholder, SAFE Holdings (Private) Limited, which saw an increase in its stake in the company. The disclosure, made to the Colombo Stock Exchange (CSE) today, highlights the acquisition of additional shares, implicating two of WealthTrust Securities PLC’s directors.
According to the corporate disclosure filed by Corporate Services (Private) Limited, the secretaries for WealthTrust Securities PLC, SAFE Holdings (Private) Limited purchased 49,899 shares of the company on 03rd September 2026. Each share was acquired at a consideration of Rs. 11.00.
Director Involvement in SAFE Holdings
The announcement further clarifies a key aspect of this transaction: Mr. W.S. Weerasooria, a Non-Independent Non-Executive Director of WealthTrust Securities PLC, and Mr. Romesh Gomez, a Non-Independent Executive Director of the Company, are both shareholders of SAFE Holdings (Private) Limited. This association positions the share purchase as a transaction involving parties related to the company’s directorate, necessitating compliance with specific regulatory disclosure requirements.
Increased Stake in WealthTrust Securities PLC
Prior to this transaction, SAFE Holdings (Private) Limited held 132,383,370 shares in WealthTrust Securities PLC. Following the recent acquisition of 49,899 shares, SAFE Holdings (Private) Limited now commands a 10.81% ownership of the total issued shares of the Company. This represents a notable increase in the stake held by this director-linked entity, solidifying its position as a significant shareholder.
Compliance with Regulatory Frameworks
The disclosure was made in adherence to Rule 7.8 of the Listing Rules of the Colombo Stock Exchange, alongside section 200(2) read with section 198 of the Companies Act No. 7 of 2007. These regulations mandate transparency in dealings by directors and significant shareholders, particularly in cases involving related party transactions, to ensure market integrity and investor confidence.
The board of directors of WealthTrust Securities PLC was formally informed of this transaction on 09th September 2026, aligning with corporate governance best practices.
This development will be of interest to investors and market observers tracking the ownership structure and insider movements within WealthTrust Securities PLC, underscoring the company’s commitment to regulatory compliance and market transparency.
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