Integrated Annual Report 2022/23

A trading summary of the Expolanka Holdings PLC shares for the financial year ended 31 March 2023 is given as below:

Trading Summary 1 April 2022 – 31 March 2023
Number of shares in issue 1,954,915,000
Market capitalisation as of 31 March 2023 Rs. 269,778,270,000.00

Expo Share Performance

An analysis of the Expo share performance over the last three years is reflected in the below table.

31 March 2023 31 March 2022 31 March 2021
Highest (Rs.) 243.25 405.00 64.60
Lowest (Rs.) 90.00 43.10 1.70
Closing (Rs.) 138.00 207.75 44.70

The movement of the Expo share price during the four quarters is given below:

High Low Closing Volume of shares traded
1st Quarter 243.25 90.00 172.75 115,904,192
2nd Quarter 243.00 155.00 217.50 164,622,249
3rd Quarter 217.50 116.00 182.25 152,684,899
4th Quarter 204.00 128.25 138.00 37,210,892

Share Valuations

The share valuations are provided below for Expolanka Holdings PLC consolidated performance.

2022/23 2021/22 2020/21 2019/20
Net asset per share 76.19 63.39 13.89 6.47
Earnings per share 15.88 37.24 7.59 -0.38
Trailing P/E multiple 8.69 5.57 5.89 -5.31
ROE (%) 22.67 95.95 -74.01 -3.41

Share Distribution

The Expo share is owned by a base of 23,173 voting registered shareholders as at
31 March 2023. The distribution of the shares is reflected below:

Range of shareholding Number of
shareholders
Number of
shares
Percentage of
shareholding
1 – 1,000 14,487 4,799,428 0.24
1,001 – 10,000 6,505 22,855,059 1.17
10,001 – 100,000 1,577 46,133,712 2.36
100,001 – 1,000,000 204 56,974,729 2.92
Over 1,000,000 20 1,824,152,072 93.31

Float adjusted Market Capitalisation

As at 31 March 2023 31 March 2022
Public shareholding (%) 9.921 16.674
Public shareholding 23,169 22,670
Float adjusted market capitalisation 26,764,702,167 67,702,469,661

Expolanka Holdings PLC is in compliant with the minimum public holding requirement under Option 1 as listed out in Section 7B (a) of CSE Listing Rules.

Analysis of Shareholding

Resident/Non-Resident

Number of
shareholders
Number of
shares
Percentage of
shares
Resident 23,064 335,553,268 17.16
Non-resident 109 1,619,361,732 82.83

Individuals/Institutions

Number of
shareholders
Number of
shares
Percentage of
shares
Individuals 22,308 259,539,989 13.28
Institutions 865 1,695,375,011 86.72

Public Holding of Shares

As of 31 March 2023, number of shares held by the public was 9.921% of the issued shares. The total number of shareholders representing the public holdings as at 31 March 2023 was 23,169.

Shareholding by Directors

The following table indicates the number of shares held by the Board of Directors of the Company

Name Number of shares
31 March 2023
Number of shares
31 March 2022
Mr H Kanahori* NIL NIL
Mr H Yusoof 147,021,464 147,021,464
Mr Ha Yo* NIL NIL
Mr B Yamauchi NIL N/A
Mr S Kulatunga NIL NIL
Mr H Amarasekera NIL NIL
Mr J Shimasaki NIL N/A
Total 147,021,464 147,021,464

The Shareholding of the Spouses and Children under 18 years of the Directors

There is no shareholding of spouses and children of Directors, aged under 18 years and dependants.

Twenty Largest Shareholders as at 31 March 2023

The below table provides the details of the 20 top shareholders of Expolanka Holdings PLC as at 31 March 2023.

No. Name of shareholder 31 March 2023 31 December 2022
Shares Holding
%
Shares Holding
%
1. SG HOLDINGS GLOBAL PTE. LTD 1,611,532,626 82.43 1,611,532,626 82.43
2. MR H YUSOOF 147,021,464 7.52 147,021,464 7.52
3. SRI LANKA INSURANCE CORPORATION LTD – LIFE FUND 22,266,867 1.14 22,266,867 1.14
4. MR F KASSIM 13,001,592 0.67 4,217,484 0.22
5. HATTON NATIONAL BANK PLC/SUBRAMANIAM VASUDEVAN 4,062,920 0.21 4,513,430 0.23
6. SRI LANKA INSURANCE CORPORATION LTD-GENERAL FUND 3,510,519 0.18 3,510,519 0.18
7. NUWARA ELIYA PROPERTY DEVELOPERS (PVT) LTD 2,444,868 0.13 2,434,868 0.12
8. MR S SENTHILNATHAN 2,379,256 0.12 2,379,256 0.12
9. SIMONAS TRUST SERVICE PVT LTD 2,261,768 0.12 2,261,768 0.12
10. COMMERCIAL BANK OF CEYLON PLC/G.S.N.PEIRIS 2,006,515 0.10 3,070,000 0.16
11. RUSH JAPAN CORPORATION 1,976,622 0.10 1,515,477 0.08
12. MR M H OMAR 1,935,875 0.10 1,935,875 0.10
13. PHANTOM INVESTMENTS (PVT) LTD 1,730,000 0.09 1,470,000 0.08
14. AMANA BANK PLC/MR.MOHAMED NAYAZ DEEN 1,340,477 0.07 1,340,477 0.07
14.1. SEYLAN BANK PLC/MOHAMED NAYAZ DEEN 912,887 0.05 912,887 0.05
15. NORTHERN TRUST COMPANY S/A LEGAL & GENERAL ICAV 1,290,141 0.07 1,290,141 0.07
16. MR M I M SHAFIE 1,200,000 0.06 1,057,000 0.05
17. MR S A MOHAMED BASHEER 1,111,000 0.06 1,111,000 0.07
18. SEYLAN BANK PLC/ HILINE TOWERS (PVT) LTD 1,046,350 0.05 20,000 0.06
19. MR A H MUSTHAKEEM 1,033,000 0.05 1,033,000 0.05
20. ACUITY PARTNERS (PVT) LIMITED/MR.ELAYATHAMBY THAVAGNANASOORIYAM/MR.ELAYATHAMBY THAVAGNANASUNDARAM 1,000,212 0.05 1,000,212 0.05
    1,825,064,959 93.36 1,815,894,351 92.89
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