Our investors are both individual and institutional entities who provide financial capital with an expectation of a return in the short, medium and long-term. They are also of value to us in guiding our enterprise forward, and we in turn drive future earnings to derive a sustainable return for the SLT Group and our shareholders.
The two main shareholders of Sri Lanka Telecom PLC as at year end were the Government of Sri Lanka which held 49.50% through the Secretary to the Treasury and Global Telecommunication Holdings N.V. of Curacao, which owned a 45.0% stake. The balance 5.5% of the shares are publicly traded on the Colombo Stock Exchange.
With the Government of Sri Lanka being the major shareholder of SLT gives many consumers a feeling of security and confidence in the products and services we market, knowing that the desired quality and service levels will be maintained at all times. This is further enhanced by SLT’s historical role as a pioneer in the telecom sector and its present position as the national ICT services provider.
GTH is the holding company of Maxis, the Malaysia based telecommunication company. Maxis provides technical expertise and telecommunication knowhow to SLT.
The stability and long-term viability of SLT is of paramount importance, not only for our shareholders but for the country as a whole given our national role. Our ratings are strong, as given below:
National long-term rating of AAA (lka)
Long-term local currency and foreign currency rating BB-
Local and foreign currency credit rating of B+
SLT communicates its performance to shareholders and other interested parties including the investing community through several means. As discussed in the section on engagement we use media releases, the annual general meeting with shareholders, our web portal and announcements to the Colombo Stock Exchange in addition to any ad hoc meetings. Our annual reports with comprehensive financial and non-financial information, presented in a timely manner complement the communication process.
| Shareholdings | Resident | Non-Resident | Total | ||||||
| No. of shareholders | No. of shares | Percentage (%) | No. of shareholders | No. of shares | Percentage (%) | No. of shareholders | No. of shares | Percentage (%) | |
| 1 – 1,000 shares | 9,504 | 2,922,457 | 0.16 | 17 | 8,137 | 0 | 9,521 | 2,930,594 | 0.16 |
| 1,001 – 10,000 shares | 2,296 | 9,110,747 | 0.50 | 30 | 163,610 | 0.01 | 2,326 | 9,274,357 | 0.51 |
| 10,001 – 100,000 shares | 229 | 4,887,687 | 0.27 | 9 | 232,716 | 0.01 | 238 | 5,120,403 | 0.28 |
| 100,001 – 1,000,000 shares | 9 | 1,751,847 | 0.10 | 2 | 401,480 | 0.02 | 11 | 2,153,327 | 0.12 |
| Over 1,000,000 shares | 9 | 973,623,450 | 53.94 | 1 | 811,757,869 | 44.99 | 10 | 1,785,381,319 | 98.93 |
| 12,047 | 992,296,188 | 54.98 | 59 | 812,563,812 | 45.02 | 12,106 | 1,804,860,000 | 100.00 | |
| Category | No. of shareholders | No. of shares |
| Individual | 11,980 | 16,934,292 |
| Institutional | 126 | 1,787,925,708 |
| 12,106 | 1,804,860,000 |
| 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
| Highest value (Rs.) | 54.90 | 57.30 | 50.00 | 50.00 | 64.50 | 51.00 | 48.00 | 49.75 |
| Lowest value (Rs.) | 43.00 | 33.33 | 36.10 | 34.00 | 44.00 | 35.00 | 39.50 | 29.75 |
| Last traded price (Rs.) | 47.00 | 49.90 | 37.00 | 44.50 | 48.00 | 49.00 | 46.00 | 31.00 |
| Market capitalisation (Rs. billion) | 84.83 | 90.00 | 66.78 | 80.32 | 86.63 | 88.44 | 83.02 | 55.95 |
| Category | 2015 | 2014 |
| No. of transactions | 3,173 | 6,629 |
| No. of shares traded | 2,062,507 | 14,696,347 |
| Value of shares traded (Rs.) | 99,644,736.70 | 682,114,330.40 |
| Name | Shareholding | % | |
| 1. | Secretary to the Treasury | 893,405,709 | 49.5 |
| 2. | Global Telecommunications Holdings NV | 811,757,869 | 44.98 |
| 3. | Employees’ Provident Fund | 24,164,497 | 1.34 |
| 4. | Sri Lanka Insurance Corporation Limited – Life Fund | 17,713,735 | 0.98 |
| 5. | Bank of Ceylon A/C Ceybank Unit Trust | 17,343,538 | 0.96 |
| 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 | 2,041,538 | 0.11 |
| 9. | Bank of Ceylon A/C Ceybank Century Growth Fund | 1,356,297 | 0.08 |
| 10. | Seylan Bank PLC/ARC Capital (Private) Limited | 1,137,248 | 0.06 |
| 11. | Union Assurance PLC/AC. No. 5 | 391,128 | 0.02 |
| 12. | Mr Vandrevala | 231,500 | 0.01 |
| 13. | The Incorporated Trustees of the Church of Ceylon | 223,590 | 0.01 |
| 14. | Bank of Ceylon No. 1 Account | 214,000 | 0.01 |
| 15. | Mr Van Starrex | 198,638 | 0.01 |
| 16. | Mr Tanaka | 169,980 | 0.01 |
| 17. | Ceylon Biscuits Limited | 162,000 | 0.01 |
| 18. | Pinnacle Trust (Private) Limited | 160,000 | 0.01 |
| 19. | People’s Leasing and Finance PLC/C N Jayasooriya | 150,000 | 0.01 |
| 20. | Mrs Edirisinghe | 145,000 | 0.01 |
| 1,787,427,155 | 99.03 |