Tuesday 10 June 2014

Company Fact Sheet: Udapussellawa Plantations PLC - UDPL:N0000

About the company:

Established: 1992                                 Quoted Date: 1998-05-04                  Sector: Plantations

Udapussellawa Plantations PLC is a Sri Lanka-based company mainly engaged in the cultivation, manufacture and marketing of tea, rubber and forestry produces, operating mainly in the Central Province of Sri Lanka. As of December 31, 2013, the Company's parent undertaking was James Finlay Plantation Holdings (Lanka) Limited, and its ultimate parent undertaking and controlling party was John Swire & Sons Limited, which was incorporated in England.

Chairman: Mr N.K.H. Ratwatte 

Board of Directors:
Mr E.R.C. Moraes 
Mr M. Vamadevan 
Mr J.M. Rutherford  (Non-Executive Director)
Mr J. Molligoda 
Mr R.J Mathison 
Mr D.H. Madawala 
Mr R.A.D.R. Ramanayake 
Mr A.N. Wickramasinghe (Non-Executive Director)
Mr S.C. Swire  (Non-Executive Director)

52 Weeks Low: 21.00                                                                        52 Weeks High: 32.50

Average Trading Volume: 311

Company Financial at a glance:

Notes:
1. 7,600,000 Ordinary Shares of the Company were allotted on 18th August 2000, pursuant to a 4:5 Rights Issue @ Rs. 12.50.
2. On January 1, 2001 Debentures to the value of Rs. 150 million were converted to 2,298,850 ordinary shares at the par value of Rs. 10 plus a premium of Rs. 55.25.

Total shares in Issue: 19,398,851

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 8.11%.

The percentage of Foreign Holding as at 31st  May 2014 was 19.29%

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