## š NDB Bank Exits Seylan Bank in Rs. 2.76 Bn Divestment
NDB Bank PLC has fully liquidated its position in Seylan Bank PLC, marking a significant shift in the banking sector landscape. ⢠Transaction Details: NDB Bank sold its entire 8.72% stake, totaling 26,631,495 shares. ⢠Deal Value: The shares were traded at Rs. 104.00 per share, bringing the total transaction value to Rs. 2.76 Bn. ⢠Shareholder Impact: Prior to this exit, NDB was the fifth-largest shareholder in Seylan Bank. The identity of the buyer remains undisclosed as of the transaction date (11 May 2026). ⢠Strategic Move: This complete exit reflects a major reallocation of capital within the financial services industry. _Summary based on official market disclosures._
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