📈 Indirect Control Change at Bogala Graphite Lanka
• Transaction Overview: AMG Critical Materials N.V. concluded a US$ 65 Mn deal transferring 100% ownership of Graphit Kropfmühl GmbH to a subsidiary of Asbury Advanced Materials Group. • Company Impact: The share transfer results in an indirect change of control at Bogala Graphite Lanka PLC, with Graphit Kropfmühl GmbH remaining the controlling parent entity in Sri Lanka's mineral & graphite mining sector. • Shareholding Breakdown (as of 31 March 2026): - Graphit Kropfmühl GmbH: 86.46% (81.8 Mn+ shares) - Government of Sri Lanka: 0.54% (509,000 shares) - Public Shareholding: 13.54% (12.8 Mn+ shares) • Market & Operations: No strategic, management, or operational changes were announced. Bogala Graphite shares closed down Rs. 2.75 (-2.01%) at Rs. 134.00.