E.B. Creasy public float up to 26.4% after shareholder trims stake

Wednesday, 3 September 2025 00:22 - - {{hitsCtrl.values.hits}}

E.B. Creasy & Co. PLC said in a stock exchange filing yesterday that its public holding had increased to 26.43% following share sales by Colombo Fort Land & Building PLC.

According to the filing, Colombo Fort Land disposed of 5 million shares on 6 August and a further 1.5 million shares on 27 August. As a result, the company’s public float rose from 23.86% reported in its 30 June interim financial statements to 26.43% as at 29 August, the record date.

The increase improves liquidity in the stock and moves the company further above the minimum public float threshold required under CSE listing rules.