📈 Vallibel One Increases Stake in The Fortress Resorts to 53.89%

Vallibel One PLC has expanded its footprint in Sri Lanka's tourism & hospitality sector by acquiring an additional direct stake in The Fortress Resorts PLC. • Key Transaction Details: Vallibel One acquired 34,747,249 shares via market transactions on October 21, 2026, boosting its direct shareholding to 49.93%. • Shareholders Involved: The shares were purchased from concert parties Vallibel Leisure (Pvt) Ltd and Dhammika Perera. • Total Group Holding: Combined with existing stakes held by subsidiaries L B Finance PLC and Royal Ceramics Lanka PLC, Vallibel One's total voting control in The Fortress Resorts now stands at 53.89%.