Colombo, Sri Lanka – 18 September 2026 – Trans Asia Hotels PLC (CSE: TAHC) has officially informed the Colombo Stock Exchange (CSE) regarding a share transaction involving one of its directors, Mr. N L Gooneratne. The disclosure, made in compliance with the CSE Listing Rules, details the sale of a total of 21,000 ordinary shares in the company by the director over two trading days.
Details of the Share Transaction
According to the official communication sent by Keells Consultants (Private) Limited, Secretaries to Trans Asia Hotels PLC, Mr. N L Gooneratne executed the share sales on 14th and 15th September 2026. The transactions were carried out at varying prices, reflecting market conditions on those respective days.
The breakdown of the share sales is as follows:
| Date of Sale | Price Per Share (Rs.) | No. of Shares |
|---|---|---|
| 14 September 2026 | 48.00 | 299 |
| 14 September 2026 | 48.50 | 1 |
| 15 September 2026 | 48.00 | 20,699 |
| 15 September 2026 | 48.50 | 1 |
| Total No. of Shares Sold | 21,000 | |
Regulatory Compliance and Transparency
The announcement underscores the commitment of Trans Asia Hotels PLC to adhere to the regulatory framework governing listed entities in Sri Lanka. The disclosure was made in terms of Rule 7.8 of the CSE Listing Rules, which mandates companies to inform the exchange of share dealings by directors and connected parties.
Such disclosures are crucial for maintaining transparency in the capital market, allowing investors to track significant transactions by key management personnel and make informed investment decisions. The Board of Directors of Trans Asia Hotels PLC was officially notified of these share sales on 18 September 2026, coinciding with the public announcement.
About Trans Asia Hotels PLC
Trans Asia Hotels PLC is a prominent entity within Sri Lanka’s vital hospitality sector, operating significant assets that contribute to the nation’s tourism and business infrastructure. Director dealings are closely watched by market participants as they can sometimes signal insights into a company’s internal perspectives, though individual director transactions can occur for various personal reasons.
This disclosure serves as a routine but essential update for shareholders and the broader investment community, ensuring full compliance with the stringent reporting standards set by the Colombo Stock Exchange.
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