Colombo, 21 September 2026 – Union Chemicals Lanka PLC (UCL) today announced an errata to its Interim Financial Statements for the Quarter ended 25th June 2026. The announcement, released via the Colombo Stock Exchange (CSE), addresses an inadvertent error in the reported public holding percentage and the number of public shareholders.
The correction specifically pertains to Note 1.9 of the aforementioned Financial Statements. UCL clarified that the initially disclosed public holding percentage of 11.64% and 1,092 public shareholders were incorrect. The accurate figures, as per the errata, are 29.01% for the public holding percentage and 1,091 for the number of public shareholders.
Details of the Correction
The company, through its Secretaries and Registrars, JACEY & COMPANY, emphasized the specific nature of the correction:
- Incorrect Public Holding Percentage: 11.64%
- Incorrect Number of Public Shareholders: 1,092
- Correct Public Holding Percentage: 29.01%
- Correct Number of Public Shareholders: 1,091
Importantly, UCL confirmed that this adjustment exclusively relates to the public holding figures and does not impact any other information or material aspects disclosed in the Interim Financial Statements. The company stated that the rest of the financial data remains unchanged and accurate as previously reported.
Commitment to Transparency and Compliance
The disclosure was made in the interest of regulatory compliance and to uphold transparency for its stakeholders and the wider market. Union Chemicals Lanka PLC expressed regret for the inadvertent inaccuracy and assured that measures would be taken to prevent similar errors in future reporting. The company reiterated its commitment to maintaining high standards of corporate governance and accurate financial disclosure.
Union Chemicals Lanka PLC (Reg. No: PQ 140) specializes in converting science to technology, operating from its registered office at No 04 5th Floor, Tickell Road, Colombo 08. This swift correction underscores the company’s dedication to providing precise and reliable financial information to the Colombo Stock Exchange and its investors.
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