Colombo, Sri Lanka – 24 September 2026 – WealthTrust Securities PLC (CSE: WTS) has announced a significant transaction involving a director-connected entity, SAFE Holdings (Private) Limited, which has increased its shareholding in the company. The corporate disclosure, filed today with the Colombo Stock Exchange (CSE), details a series of share purchases by SAFE Holdings, highlighting movements in the company’s ownership structure.
Details of the Transaction
According to the disclosure submitted by Corporate Services (Private) Limited on behalf of WealthTrust Securities PLC, SAFE Holdings (Private) Limited, which previously held 132,433,269 shares, acquired additional shares on two separate occasions in mid-September:
- On 21st September, 2026, SAFE Holdings purchased 12,169 shares at a consideration of Rs. 11.00 per share.
- Following this, on 22nd September, 2026, an additional 37,932 shares were acquired, also at Rs. 11.00 per share.
Directors’ Connection to SAFE Holdings
This transaction is particularly noteworthy due to the direct involvement of two of WealthTrust Securities PLC’s directors in SAFE Holdings (Private) Limited. Mr. W.S. Weerasooria, a Non-Independent Non-Executive Director of WealthTrust Securities PLC, and Mr. Romesh Gomez, a Non-Independent Executive Director, are both shareholders of SAFE Holdings. This significant connection mandates the disclosure under CSE Listing Rules, ensuring transparency for all market participants.
New Shareholding Percentage
Following these recent acquisitions, SAFE Holdings (Private) Limited now holds a total of 10.81% of the issued shares of WealthTrust Securities PLC, solidifying its position as a substantial stakeholder in the financial services firm.
Regulatory Compliance and Transparency
The disclosure was made in strict compliance with Rule 7.8 of the Listing Rules of the Colombo Stock Exchange, alongside sections 200(2) read with 198 of the Companies Act No. 7 of 2007. These regulations are designed to ensure transparency in transactions involving directors and their associated entities, providing investors with crucial information regarding changes in company control and significant share movements.
The details of these transactions were brought to the attention of the board of directors of WealthTrust Securities PLC on 23rd September 2026, one day prior to the official filing with the CSE.
Such corporate disclosures are vital for maintaining market integrity and investor confidence, offering a clear picture of insider dealings and substantial changes in ownership. DailyFC will continue to monitor developments at WealthTrust Securities PLC and other listed entities, bringing timely and relevant updates to our readers.
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