Colombo, 18 September 2026 – Asia Asset Finance PLC (CSE: AAF) has formally announced that its Director and Chief Executive Officer, Mr. R.J.A. Gunawardena, has acquired a significant block of shares in the company. The disclosure, made to the Colombo Stock Exchange (CSE) on September 17, 2026, pertains to the acquisition of shares arising from the company’s recent Rights Issue, underscoring a commitment from its leadership.
The transaction, which aligns with Section 7.8 (c) of the CSE Listing Rules and Section 200 (2) of the Companies Act No. 7 of 2007, highlights transparency in corporate governance and director dealings. Such disclosures are crucial for market integrity, providing investors with insight into the confidence placed in a company by its top executives.
Details of the Share Acquisition
Mr. R.J.A. Gunawardena purchased a total of 53,586 ordinary voting shares of Asia Asset Finance PLC. This acquisition was part of the Rights Issue, a mechanism often used by companies to raise capital by offering existing shareholders the opportunity to purchase additional new shares in proportion to their current holdings.
Key details of the transaction are as follows:
- Date of Transaction: September 11, 2026
- Nature of Transaction: Purchase of Shares pursuant to Rights Issue
- Number of Ordinary Shares: 53,586
- Consideration per share: Rs. 33.30
- Nature of Relevant Interest: Director / CEO
- Date of Notification to Directors: September 17, 2026
The acquisition price of Rs. 33.30 per share for over fifty thousand shares represents a notable investment by the CEO, signaling strong confidence in the company’s future prospects and strategic direction following the Rights Issue.
About Asia Asset Finance PLC
Asia Asset Finance PLC is a prominent financial services company in Sri Lanka, licensed by the Central Bank of Sri Lanka. The company operates in various segments of the financial market, contributing to the nation’s economic growth by providing diverse financial solutions. The active participation of its leadership in share acquisitions, particularly through instruments like a Rights Issue, is often viewed positively by the market as a sign of insider belief in the company’s long-term value and stability.
The Board of Directors of Asia Asset Finance PLC includes V. A. Prasanth (Chairman), R. J. A. Gunawardena (CEO), S.S.R.D. De Silva Gunasekara (COO), K. R. Bijimon, G. M. Alexander, J. P. D. R. Jayasekara, and T. C. D. Kumarasiri.
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