Colombo, Sri Lanka – 02 October 2026 – First Capital Treasuries PLC (FCT) today officially communicated to the Colombo Stock Exchange (CSE) the relevant interests in the company’s shares held by its former Chairperson, Ms. Manjula Mathews. This disclosure comes swiftly after her departure from the leadership role, effective 1st October 2026.
Regulatory Compliance and Leadership Transition
The announcement, addressed to Ms. Nilupa Perera, Chief Regulatory Officer of the CSE, fulfills the requirements set forth by Rule 7.8(b) of the CSE Listing Rules. It serves as a follow-up to a previous letter dated 30th September 2026, underscoring the company’s commitment to maintaining transparency in corporate governance, especially during significant leadership changes.
Ms. Mathews’ resignation as Chairperson marks a notable transition for First Capital Treasuries PLC, a prominent player in Sri Lanka’s financial markets.
Understanding the Relevant Interest in Shares
The document clarifies Ms. Manjula Mathews’ relevant interest in First Capital Treasuries PLC shares through two distinct connections:
- Through First Capital Limited: Ms. Mathews holds a relevant interest by virtue of her position as a Director of First Capital Limited. This entity is a major shareholder, holding a substantial 550,093,968 shares in First Capital Treasuries PLC.
- Through Janashakthi PLC: Furthermore, her relevant interest extends to her roles as both a Director and a shareholder of Janashakthi PLC, which is identified as the ultimate parent company of First Capital Treasuries PLC.
In the context of capital market regulations, a “relevant interest” implies that an individual or entity, while not necessarily the direct registered owner, possesses significant influence or control over the voting rights or disposal of a company’s shares. This mechanism ensures that all significant connections to a company’s shareholding structure are transparently reported.
Ensuring Market Integrity and Investor Confidence
Disclosures of this nature are paramount for fostering transparency and good corporate governance within the capital market. They equip investors and regulatory bodies with essential insights into the influence and interests of key individuals connected to listed entities. Adherence to such CSE listing rules plays a vital role in reinforcing investor confidence and upholding the integrity of the market.
The announcement was duly signed by Heidy Seneviratne, Company Secretary, on behalf of First Capital Treasuries PLC.
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