John Keells Holdings PLC
117 Sir Chittampalam A. Gardiner Mawatha, Colombo 2, Sri Lanka
Tel +94 (11) 230 6000jkh@keells.comwww.keells.com
3 April 2025
Renuke Wijayawardhane Chief Regulatory Officer Colombo Stock Exchange 04-01, West Block
World Trade Centre Colombo 1
Dear Sir,
DIVESTMENT OF 37.62% EQUITY STAKE, COMPRISING 11,286,000 SHARES, OF TEA SMALLHOLDER FACTORIES PLC, FOR A CONSIDERATION OF RS.395 MILLION.
We write with reference to Section 8 of the Listing Rules of the Colombo Stock Exchange, and we wish to inform you that John Keells Holdings PLC (JKH) has divested the totality of its 37.62% equity stake in Tea Smallholder Factories PLC, a subsidiary of JKH, comprising of 11,286,000 ordinary shares, at Rs.35 per share for a total consideration of Rs.395 million.
Yours faithfully,
For JOHN KEELLS HOLDINGS PLC
Gihan Cooray
Deputy Chairperson/Group Finance Director
Company No. PQ 14