Headline: Kotagala Plantations Divests 31% Stake in Imperial Hotels for Rs. 219.2 M 📈

• Overall Transaction Kotagala Plantations PLC has sold its entire 31.15% stake in Imperial Hotels Ltd. to Consolidated Tea Plantations Ltd. (CTPL) for Rs. 219.195 million. The deal involves the transfer of 4.5 million shares as part of an internal restructuring within the ultimate parent group, The Colombo Fort Land & Building Group. • Key Terms & Sector Impact • Restructuring: The move aims to streamline the hospitality and plantation holdings within the parent group. • Settlement: Consideration is to be settled within one year from the execution date (6 Feb 2026). • Related Party Deal: Classified as a Related Party Transaction under CSE rules; the aggregate value of dealings between Kotagala and CTPL for FY26 now stands at approximately Rs. 397 million (unaudited). • Financial Performance (Provisional) • Profitability: Kotagala recorded a Profit Before Tax (PBT) of Rs. 173 million for the first half of FY26, a 21% YoY decrease primarily due to tea price fluctuations and increased plantation sector wages. • Revenue: Company revenue rose 21% to Rs. 2.9 billion, supported by growth in rubber and oil palm production. • Net Assets: Net asset per share improved to Rs. 7.51 from Rs. 7.00. Based on provisional and unaudited company data.