Exterminators debuts trading on the CSE

Podium participants (From left): Exterminators  Manager HR and Administration Anjela Perera, Exterminators  Manager Operations and Compliance Shehani De Waas, Exterminators  Non-Executive Non-Independent Director Suhaniya Pelpola, Exterminators  Chairman/Non-Executive Independent Director Chaaminda Ratnayake, Exterminators  Managing Director Marlon Ferreira, CSE CRO Renuke Wijayawardhane, CSE Senior Vice President Legal Renu Ranatunga, Atarah Capital Partners  Vice President Investment Banking Chandana Wijesundara, Exterminators  Assistant Customer Relationship Manager Haaziq Nazar and Atarah Capital Partners  Managing Director Rohan Senewiratne 

CSE CRO Renuke Wijayawardhane

Exterminators MD Marlon Ferreira

The shares of Exterminators Ltd., (CODE: EXT-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on the 30 March. The shares have been listed on the Empower Board of the CSE under the “2022 – Commercial and Professional Services” sector. The occasion was marked with a special Bell Ringing Ceremony.

Representing Exterminators, Chairman/Non-Executive Independent Director Chaaminda Ratnayake, Managing Director Marlon Ferreira, Non-Executive Non-Independent Director Suhaniya Pelpola, Director-Business Development Travis Ferreira, Manager-Operation and Compliance Shehani De Waas, Manger-HR and Administration Anjela Perera and Assistant Customer Relationship Manager Haaziq Nazaar. 

Financial advisor and manager to the issue, Atarah Capital Partners Ltd. Managing Director Rohan Senewiratne, Vice President-Investment Banking Chandana Wijesundara, and Assistant Vice President-Investment Banking Kalhara Kathriarachchi represented the event. 

The CSE was represented at the event by its Chief Regulatory Officer Renuke Wijyawardhane, Senior Vice President-Legal Renu Ranatunga, and the CSE Senior Management. 

Speaking at the ceremony, the CSE CRO Renuke Wijayawardhane, congratulated Exterminators on its initiative to go public. “Listing on the CSE is a very important milestone for any corporate in the country. And the Exterminators Ltd., can be extremely happy and proud that you all have achieved this milestone, within a relatively short period. Facilitating capital formation is one of our main objectives.  

We at CSE encourage corporates that are of different sizes, coming from diverse sectors and business models to raise capital through the CSE. We have been making our listing regime flexible to facilitate new listings over the past few years by changing our rules on listing criteria, the process, the timelines, and disclosure requirements.”

Commenting on the company’s progress, Wijayawardhane added: “Exterminators Ltd., is one of the leading companies in this field. They are a leading player with a diverse range of clients, both local and foreign. We see that the company has been recognised with nearly 60 accolades. With corporates such as this representing different sectors being listed, the CSE can expand on its portfolio of listed companies, giving the investing public a wider choice to invest in. We would like to wish all success to Exterminators Ltd., in your journey as a listed company.”

Speaking at the event, the Exterminators Managing Director Marlon Ferreira, commented: “It’s a historical moment for all of us at Exterminators, the pest control industry in Sri Lanka and the pest control industry in South Asia. We are the first pest control company to be listed in this region. I take this opportunity to thank the CSE for introducing the Empower Board for the SME sector in Sri Lanka and Atarah Capital Partners Ltd., for guiding us during the process of listing. 

I would like to thank all our employees - past and present - all our customers and stakeholders who helped us during this 24-year journey. Finally, I’m so grateful to the investors who believed in us and trusted us during these challenging times. Today, we made a promise that we will exceed all expectations of our stakeholders while adhering to the CSE principles in the years to come.” 

Exterminators is a premier pest management and environmental enhancement technology company in Sri Lanka with over twenty-three years of experience. At present, the operations are carried out from two branches located in Colombo and Kandy in Sri Lanka. Over the past few years, Exterminators has served more than 8,000 clients, both in the residential and commercial sectors. Exterminators also have a presence in the Maldives and Seychelles.