Business leader Dhammika Perera yesterday part sold his stake in Commercial Bank for Rs. 5.5 billion.
The market saw 26.55 million voting shares of Commercial Bank done at Rs. 195 per share via 39 crossings. Overall, Commercial Bank saw 29 million shares traded for Rs. 5.68 billion, accounting for 43% of a whopping
Rs. 13.3 billion turnover.
Commercial Bank voting share closed the day at Rs. 203.25, up by 3% or Rs. 6.25.
The stake in Commercial Bank is not strategic but is part of Dhammika’s trading portfolio.
As at end June, Dhammika held 39,226,489 million voting shares amounting to 2.5% stake and was the 11th largest shareholder. End of last year Dhammika was the 8th largest shareholder with 3.66% stake amounting to 55.2 million voting shares.
Dhammika’s strategic banking sector interests are Sampath Bank and Pan Asia Bank.
DAILY FT
