Colombo, 22 September 2026 – Digital Mobility Solutions Lanka PLC (CSE: DMSL) has announced a significant transaction involving one of its Non-Independent, Non-Executive Directors. The disclosure, made to the Colombo Stock Exchange (CSE) on 21 September 2026, details the sale of company shares by Mr. R H Gunewardene.
Key Transaction Details Revealed
According to the official communication submitted by S S P Corporate Services (Private) Limited, the Corporate Secretaries for Digital Mobility Solutions Lanka PLC, Mr. R H Gunewardene divested a quantity of shares on 18 September 2026. The transaction details are as follows:
- Transaction Date: 18 September 2026
- Quantity Sold: 995 shares
- Price Per Share: LKR 155.25
- Transaction Type: Sale
The Board of Directors of Digital Mobility Solutions Lanka PLC was formally notified of this transaction on 21 September 2026, aligning with the regulatory requirements.
Adherence to CSE Listing Rules
This disclosure was made to the Colombo Stock Exchange in strict adherence to Section 7.8 (c) of the CSE Listing Rules. This particular section mandates listed companies to inform the exchange of any dealings in the company’s shares by its directors, ensuring transparency and fair practice within the capital market.
Digital Mobility Solutions Lanka PLC, a key player in its sector, consistently upholds its commitment to regulatory compliance and timely dissemination of information relevant to its stakeholders and the broader investment community.
Market Implications and Investor Confidence
Disclosures of director dealings are critical for maintaining transparency in the Sri Lankan stock market. They provide investors with valuable insights into the activities of a company’s leadership, which can sometimes be perceived as an indication of insider sentiment regarding the company’s future prospects. While this specific transaction involves a relatively small quantity of shares, such announcements contribute to the overall health and credibility of the Colombo Stock Exchange, reinforcing investor confidence.
The market will now have this information factored into its assessment of Digital Mobility Solutions Lanka PLC as trading continues on the CSE.
Source: Read original document
