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E. B. Creasy in notable share transaction; CSE bounces back

The Island

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September 04, 2025

E.B. Creasy & Co. said yesterday in a CSE filing that its public holding had increased to 26.43 percent following share sales by Colombo Fort Land & Building, market analysts said.

- By Hiran H.SENEWIRATNE

E. B. Creasy in notable share transaction; CSE bounces back

According to the filing, Colombo Fort Land disposed of 5 million shares on August 6 and a further 1.5 million shares on August 27.

As a result, the company’s public float rose from 23.86 percent reported in its June 30 interim financial statements to 26.43 percent as at August 29, the record date. The increase improves liquidity in the stock and moves the company further above the minimum public float threshold required under CSE listing rules.

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