Pegasus Hotels of Ceylon PLCCSELK: PEG.N0000

Sub-Division of Existing Ordinary Shares

· Issued by Pegasus Hotels Of Ceylon PLC via Colombo Stock Exchange

Filed with CSE · · 7 pages · English

Summary by 6ix AI

Pegasus Hotels Of Ceylon Plc has issued a circular to shareholders regarding the proposed sub-division of its ordinary shares, aiming to enhance liquidity and tradability of the shares. The sub-division will double the number of existing ordinary shares without changing the company's stated capital or the underlying value of shareholders' holdings. An Extraordinary General Meeting is scheduled for shareholders to approve this resolution, with trading suspended for a period around the meeting. The company has obtained the necessary approvals from the Colombo Stock Exchange for this sub-division.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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