📈 Dr. W. Jinadasa Becomes Second Largest Shareholder in Exterminators PLC

• Key Transaction: High-profile investor and tea industry figure Dr. W. Jinadasa increased his stake in Exterminators PLC to 10.66%, becoming the company's second-largest shareholder. • Share Details: Acquisition of over 3 million shares last week brought his total holding to 5.6 million shares. The average cost of the stake is estimated at Rs. 13.00–14.00 per share. • Market Reaction: Exterminators closed at Rs. 16.80 on Friday, marking a 3% daily increase. • Strategic Context: The investment aligns with Jinadasa’s strategy to diversify his equity portfolio, which includes significant holdings in banking (Sampath Bank), healthcare (Sinha Hospital), and insurance (Softlogic Life). • Corporate Highlights: • Exterminators remains a pioneer as Asia’s first publicly listed pest management firm. • Recently launched the Smart Missile 3G, an AI-powered, carbon-neutral termite control station developed with Sentario UK. • Introduced an AI-powered Report Factory to automate service reporting and enhance operational efficiency. • Ownership Structure: Managing Director Marlon Ferreira remains the majority shareholder with a 57.4% stake. The public float stands at 31% (as of September 2025).