Monday, 2 June 2014

Company Fact Sheet: LB Finance PLC - LFIN:N0000

About the company:

Established: 1971                Quoted Date: 1997-12-30            Sector: Banks Finance & Insurance
L B Finance PLC is a diversified holding company with strategic investments in financial services, tile and sanitary ware manufacturing, and leisure. The Company's principal activities includes acceptance of deposits, maintenance of savings accounts, granting lease and hire purchase facilities, micro finance facilities, gold loans, vehicle loans, mortgage loans, factoring, margin trading, Islamic finance facilities and value added services. As of March 31, 2013, the Company operated a network of 89 branches, 37 gold loan centres totalling to 126 distribution channels. During the fiscal year ended March 31, 2013, the Company opened 14 channels. Its ultimate holding company is Vallibel One PLC.

Chairman: Mr Thosapala Hewage (Independent Non Executive Director)

Executive Deputy ChairmanMr K.D.D. Perera

Managing Director: Mr J.A.S.S. Adhihetty 

Board of Directors:
Mr N. Udage (Executive Director)
Mrs K. Fernando
Mr L.N. de S Wijeyeratne (Independent Non-Executive Director)
Mr B.D. St. Auburn Perera  (Executive Director)
Mr 
W.D.N.H. Perera 
Mrs Shirani Jayasekara
Mrs 
A.K. Gunawardena  (Independent Non Executive Director)

52 Weeks Low: 96.00                                                               52 Weeks High: 135.90
Average Trading Volume: 10,780

Company Financial at a glance:
Click Table to Enlarge

Total Voting shares in Issue: 69,257,142

Notes:
1. 5,771,428 Ordinary Shares of the Company were allotted on 19th October 2006, pursuant to a 2:5 Bonus Issue.
2. 10,100,000 Ordinary Shares of the Company were allotted on 27th November 2007, pursuant to a 1:2 Rights Issue @ Rs. 17.00.
3. 4,328,571 Ordinary Shares of the Company were allotted on 28th July 2008, pursuant to a 1:7 Rights Issue @ Rs. 17.00.
4. 34,628,571 Ordinary Shares of the Company were allotted on 4th March 2011, pursuant to a 1:1 Capitalization of Reserves.

Debentures Listed on CSE:

Top 20 Shareholders as at 31/03/2014:


Percentage of public holding as at 31st March 2014 was 12.45%

The percentage of Foreign Holding as at 31st May 2014 was 0.82%

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