About this document
Sampath Bank Rights Issue Notification by Sujith Sanjeewa Samaranayake is a document available to read on EtoBox.
Sampath Bank PLC issued a rights issue of shares in 2019. They have allotted 63,538,229 shares to shareholders pursuant to the rights issue in compliance with banking regulations. The board is discussing placing the remaining undersubscribed shares with a potential investor. They were not able to fully allot certain large shareholders due to thresholds in the Banking Act, but will refund any excess subscription amounts if the issue is not fully subscribed.
- Author
- Sujith Sanjeewa Samaranayake
- Language
- EN