Company Fact Sheet: Mercantile Investments and Finance PLC - MERC:N0000

About the company:

Established: 1964                                         Quoted Date: 2011-06-02             Sector: Banks Finance Insurance

Mercantile Investments and Finance PLC provides a range financial services, including accepting deposits, granting of loans, lease financing, hire purchase financing, fleet management and share trading. The Company operates through five segments: finance lease, hire purchase, loans and advances, investments and operating lease. As at 31st March 2014,it has 18 branches and 4 service centres. It also provides vehicle loan, micro finance, personal loan, property mortgage reducing. It also offers vehicle brands for sale. It also operates service and repair centres.

Chairman: Mr S.H.J. Weerasuriya

Managing Director: Mr G.G. Ondaatjie 

Deputy Managing Director: Mr P.M. Amarasekera 

Board of Directors:
Mr S.H. Jayasuriya  (Director - Finance)

Ms A.M. Ondaatjie 

Mr T.J. Ondaatjie 

Ms P.T.K. Navaratne 

Mr N.H.V. Perera  (Non-Executive Director)

Mr S.M.S.S. Bandara  (Independent Non-Executive Director)

Mr P.C. Guhashanka  (Non-Executive Independent Director)

52 Weeks Low: --                                                                      52 Weeks High: --

Average Trading Volume: 0

Company Financial at a glance:

Click Table to Enlarge

Notes:
1. Company's 3,006,000 ordinary voting shares were listed by way of an introduction and permitted for trading from 02nd June 2011. 
2. The reference price of LKR. 1,562/= in respect of the ordinary voting shares has been decided upon by the Company.
3. Only 1 trade of 10 shares @ Rs. 2,200.00 was traded between the commencement of trade permitted and now (20/06/2014).

Total shares in Issue: 3,006,000

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 10.87%.

The percentage of Foreign Holding as at 31st  May 2014 was 0.00%