Investor relations

Government of Sri Lanka and Global Telecommunication Holdings N.V. together hold more than 94% of issued share capital of the Company, while remaining less than 6% is held by the general public. Sri Lanka Telecom continued communicating the Company performance to the shareholders and various interested parties including the investing community through media releases, Web portal and announcements to the Colombo Stock Exchange etc. during the year under review. Award winning Annual Reports of the Company with comprehensive details on a timely manner complements the communication process.

Focusing mainly the lenders to Sri Lanka Telecom Group, the company continued to maintain its credit ratings through two globally recognised rating agencies, Standard & Poor’s rating services (S & P) and Fitch Ratings. End of the financial year under review, Sri Lanka Telecom was rated at ‘B+’ on both local currency and foreign currency Corporate Credit rating by S & P. Fitch Ratings has rated at ‘AAA (lka)’ on long-term national and ‘BB-’ on both long-term foreign currency and local currency.

Distribution of Shares

Shareholdings Resident Non-Resident Total
Number of shareholders No. of
shares
Percentage (%) Number of shareholders No. of
shares
Percentage (%) Number of shareholders No. of
shares
Percentage (%)
1 -1,000 Shares 9,500 2,989,104 0.17 21 10,893 0.00 9,521 2,999,997 0.17
1,001 - 10,000 Shares 2,368 9,521,763 0.53 29 162,475 0.01 2,397 9,684,238 0.53
10,001 - 100,000 Shares 255 5,343,899 0.30 12 275,645 0.02 267 5,619,544 0.32
100,001 - 1,000,000 Shares 10 1,593,647 0.09 2 401,500 0.02 12 1,995,147 0.11
Over 1,000,000 Shares 9 972,803,205 53.90 1 811,757,869 44.98 10 1,784,561,074 98.87
12,142 992,251,618 54.97 65 812,608,382 45.03 12,207 1,804,860,000 100.00

Categories of shareholders

Categories of shareholders No. of shareholders No. of shares
Individual 12,074 17,909,790
Institutional 133 1,786,950,210
12,207 1,804,860,000

Share price trend

2014 2013 2012 2011 2010 2009 2008 2007
Highest value (Rs.) 57.30 50.00 50.00 64.50 51.00 48.00 49.75 43.25
Lowest value (Rs.) 33.00 36.10 34.00 44.00 35.00 39.50 29.75 28.00
Last traded price (Rs.) 49.90 37.00 44.50 48.00 49.00 46.00 31.00 31.50
Market capitalisation (Rs. billion) 90.00 66.78 80.32 86.63 88.44 83.02 55.95 56.85

Trading activity

2014 2013
No. of transactions 6,629 4,481
No. of shares traded 14,696,347 3,433,607
Value of shares traded (Rs.) 682,114,330 152,703,746

List of 20 major shareholders as at 31 December 2014

Name Shareholding Percentage (%)
1. Secretary to the Treasury 893,405,709 49.50
2. Global Telecommunications Holdings NV 811,757,869 44.98
3. Employees’ Provident Fund 24,165,092 1.34
4. Sri Lanka Insurance Corporation Limited – Life Fund 17,713,735 0.98
5. Bank of Ceylon A/C Ceybank Unit Trust 16,756,819 0.93
6. National Savings Bank 13,158,700 0.73
7. Employees’ Trust Fund Board 3,302,188 0.18
8. Sri Lanka Insurance Corporation Limited – General Fund 2,094,476 0.12
9. Seylan Bank PLC/ARC Capital (Private) Limited 1,137,248 0.06
10. Bank of Ceylon A/C Ceybank – Century Growth Fund 1,069,238 0.06
11. Mr. Vandrevala 231,500 0.01
12. The Incorporated Trustees of the Church of Ceylon 223,590 0.01
13. Bank of Ceylon No. 1 Account 214,000 0.01
14. Mr. Van Starrex 198,638 0.01
15. Mr. Tanaka 170,000 0.01
16. Union Assurance PLC/Account No. 05 162,006 0.01
17. Ceylon Biscuits Limited 162,000 0.01
18. Mrs. Edirisinghe 160,000 0.01
19. Pinnacle Trust (Private) Limited 160,000 0.01
20. Sinharaja Hills Plantation (Private) Limited 107,491 0.01
Total 1,786,350,299 98.97