Galle Face Capital Partners Announces 1:4 Share Split 📈

Galle Face Capital Partners PLC (WAPO) has approved a subdivision of its ordinary shares to enhance market liquidity. The decision, finalized by the Board on 31 January 2026, follows a period of significant share price appreciation. • Share Subdivision Details • Existing shares: 29,582,029 units. • New total shares: 118,328,116 units. • Split ratio: 1 share split into 4. • Stated capital: Remains unchanged at approx. Rs. 650 Mn. • Market Performance • Market Reaction: Share price rose by Rs. 22 (+20.7%) to close at Rs. 128. • Trading Volume: Over 1 million shares traded with a turnover exceeding Rs. 138.8 Mn. • Net Assets: Reported at Rs. 97.68 per share as of Dec-2025. • Ownership & Governance • Major Shareholders: Ceylon Land & Equity PLC (27.76%) and Shaw Wallace & Hedges (23.88%). • Public Float: 29.99% held by over 500 shareholders, meeting CSE compliance. This move by the investment & capital markets firm is intended to make shares more accessible to retail investors without altering the company's underlying value. The effective date for the split will be announced via the Colombo Stock Exchange (CSE) shortly. _Note: Based on provisional corporate disclosures._