1. |
Stock Exchange Listing |
| |
The issued ordinary shares of Diesel & Motor Engineering PLC, are listed with the Colombo Stock Exchange of Sri Lanka. The audited Consolidated Income Statements for the year ended 31st March 2008 and the audited Balance Sheets at that date have been submitted to the Colombo Stock Exchange within three months of the Balance Sheet date.
|
2. |
Shareholders |
| |
The number of Shareholders as at 31st March 2008 was 1,224 (1,137 as at 31st March 2007).
|
|
|
Residents |
Non-Residents |
Total |
Number of
Shares heldholders |
No. of Share holders |
No. of Shares |
% |
No. of Share holders |
No. of Shares |
% |
No. of Share holders |
No. of Shares |
% |
| 0 |
- |
500 |
846 |
96,064 |
0.79 |
12 |
2,307 |
0.02 |
858 |
98,371 |
0.81 |
| 501 |
- |
1,000 |
110 |
79,902 |
0.66 |
4 |
3,029 |
0.03 |
114 |
82,931 |
0.69 |
| 1,001 |
- |
5,000 |
157 |
319,427 |
2.64 |
7 |
13,012 |
0.11 |
164 |
332,439 |
2.75 |
| 5,001 |
- |
10,000 |
22 |
159,738 |
1.32 |
1 |
5,500 |
0.05 |
23 |
165,238 |
1.37 |
| 10,001 |
- |
20,000 |
12 |
162,074 |
1.34 |
1 |
12,222 |
0.1 |
13 |
174,296 |
1.44 |
| 20,001 |
- |
30,000 |
6 |
140,131 |
1.16 |
– |
– |
– |
6 |
140,131 |
1.16 |
| 30,001 |
- |
40,000 |
7 |
244,551 |
2.02 |
1 |
31,649 |
0.26 |
8 |
276,200 |
2.28 |
| 40,001 |
- |
50,000 |
9 |
348,448 |
2.88 |
– |
– |
– |
9 |
348,448 |
2.88 |
| 50,001 |
- |
100,000 |
9 |
668,356 |
5.52 |
– |
– |
– |
9 |
668,356 |
5.52 |
| 100,001 |
- |
1,000,000 |
17 |
5,105,553 |
42.19 |
1 |
114,759 |
0.95 |
18 |
5,220,312 |
43.14 |
| 1,000,001 |
& |
Over |
2 |
4,593,278 |
37.96 |
– |
– |
– |
2 |
4,593,278 |
37.96 |
| Total |
|
|
1,197 |
11,917,522 |
98.48 |
27 |
182,478 |
1.52 |
1,224 |
12,100,000 |
100.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
Over 98% of the shares issued is held by residents of Sri Lanka.
|
31st March 2008 |
31st March 2007 |
|
|
|
|
|
|
|
| Categories of Shareholders |
No. of
Share-
holders |
No. of
Shares |
% |
No. of
Share-
holders |
No. of
Shares |
% |
| Individuals |
1,138 |
6,890,686 |
56.95 |
818 |
5,746,734 |
57.47 |
| Institutions |
86 |
5,209,314 |
43.05 |
69 |
4,253,266 |
42.53 |
| Total |
1,224 |
12,100,000 |
100.00 |
887 |
10,000,000 |
100.00 |
| |
|
|
|
|
|
|
|
3. |
market value of shares |
| |
The market value of an ordinary share of Diesel & Motor Engineering PLC, as at 31st March 2008 was Rs. 88.75
(Rs. 120.00 as at 31st March 2007).
|
4. |
Dividend Payments |
| |
|
2008
Rs. mn
|
2007
Rs. mn |
| Interim dividend - Rs. 1.50 per share (Rs. 3.00 per share 2007) |
18.15
|
36 |
| Final dividend - Rs. 2.50 per share (Rs. 3.00 per share 2007) |
30.25 |
36 |
Final dividend was approved by the Directors on 9th May 2008
Final dividend payable on 27th June 2008
|
5. |
Share Trading information from 1st April to 31st March |
| |
|
2008 |
|
2007 |
|
2006 |
|
2005 |
|
| Highest (Rs.) |
125.00 |
(April 16,2007) |
155.00 |
(Jun. 20, 2006) |
153.00 |
(Feb. 6, 2006) |
150.00 |
(Jan. 4, 2005) |
|
|
(April 19,2007) |
|
|
|
|
|
|
|
|
(April 21,2007) |
|
|
|
|
|
|
| Lowest (Rs.) |
78.00 |
(Dec. 28,2007) |
100.00 |
(Dec. 29, 2006) |
102.25 |
(Jan. 5, 2006) |
50.00 |
(Apr. 6, 2004) |
| No. of transactions |
602 |
|
902 |
|
2,241 |
|
1,536 |
|
| No. of shares traded (Rs.) |
319,000 |
|
400,000 |
|
1,249,300 |
|
728,000 |
|
| Value of shares |
|
|
|
|
|
|
|
|
| traded (Rs.) |
30,051,050 |
|
50,471,950 |
|
163,854,550 |
|
66,423,875 |
|
| No. of days traded |
162 |
|
197 |
|
213 |
|
174 |
|
| No. of market days |
239 |
|
240 |
|
241 |
|
234 |
|
| Liquidity (%) |
2.64 |
|
3.31 |
|
12.49 |
|
7.28 |
|
| CSE All Share Price Index |
2,550.5 |
|
2,789.8 |
|
2,264.40 |
|
1,751.88 |
|
| Milanka Price Index |
3,181.3 |
|
3,837.6 |
|
2,877.70 |
|
2,392.19 |
|
| Motor Sector |
2,873.2 |
|
3,360.9 |
|
2,067.30 |
|
1,153.75 |
|
| |
|
|
|
|
|
|
|
|
|
6. |
PUBLIC SHAREHOLDING |
| |
| Number of Shares |
5,318,912 |
|
5,302,892 |
|
3,388,464 |
|
3,373,364 |
|
| % |
43.96 |
|
43.83 |
|
33.88 |
|
33.73 |
|
|
| |
|
7. |
History of Share issues |
| |
| Year |
Issue |
No. of Shares |
Price |
| 2006/07 |
Rights (one share per every ten shares held) |
1,100,000 |
Rs. 55.00 |
| 2006/07 |
Scrip (one share per every ten shares held) |
1,000,000 |
Nil |
| 2004/05 |
Scrip (one share per every nine shares held) |
1,000,000 |
Nil |
| 2003/04 |
Rights (one share per every two shares held) |
3,000,000 |
Rs. 20.00 |
| 2000/01 |
Scrip (one share per every four shares held) |
1,200,000 |
Nil |
| 1995/96 |
Scrip (one share per every three shares held) |
1,200,000 |
Nil |
| 1994/95 |
Scrip (one share per every five shares held) |
600,000 |
Nil |
| 1992/93 |
Rights (one share per every five shares held) |
500,000 |
Rs. 75.00 |
| 1991/92 |
Rights (one share per every three shares held) |
500,000 |
Rs. 30.00 |
| 1991/92 |
Scrip (one share per every four shares held) |
500,000 |
Nil |
| 1989/90 |
Rights (one share per every two shares held) |
500,000 |
Rs. 10.00 |
| 1987/88 |
Scrip (one share per every share held) |
500,000 |
Nil |
| 1980/81 |
Scrip (one share per every share held) |
250,000 |
Nil |
|
| |
|
8. |
Changes in Shareholdings of Directors and their spouses during 2007/08 |
| |
| Name |
As at 31.03.07 |
Movement |
As at 31.03.08 |
% |
| A.R. Pandithage |
1,874,661 |
7,434 |
1,882,095 |
15.55 |
| A.N. Algama |
187,455 |
(16,700) |
170,755 |
1.41 |
| S.C. Algama |
399,134 |
– |
399,134 |
3.30 |
| A.G. Pandithage |
383,545 |
– |
383,545 |
3.17 |
| A.M. Pandithage |
219,778 |
– |
219,778 |
1.82 |
| T.G.H. Peries |
334,924 |
(6,754) |
328,170 |
2.71 |
|
3,399,497 |
(16,020) |
3,383,477 |
27.96 |
|
|
|
|
|
|
9. |
major Shareholders As At |
| |
|
31st March 2008 |
|
|
31st March 2007 |
| Name of Shareholder |
Total Shares |
% |
|
Name of Shareholder |
Total Shares |
% |
| Hayleys PLC |
3,397,611 |
28.08 |
|
Hayleys PLC |
3,397,611 |
28.08 |
| Thurston Investments Ltd. |
1,195,667 |
9.88 |
|
Thurston Investments Ltd. |
1,136,867 |
9.40 |
| Mr. A.R. Pandithage |
971,798 |
8.03 |
|
Mr. A.R. Pandithage |
971,798 |
8.03 |
| Mrs. J.C. Pandithage |
910,297 |
7.52 |
|
Mrs. J.C. Pandithage |
902,863 |
7.46 |
| Mr. A.K. Pandithage |
417,640 |
3.45 |
|
Mr. A.K. Pandithage |
417,640 |
3.45 |
| Mr. S.C. Algama |
392,278 |
3.24 |
|
Mr. S.C. Algama |
392,276 |
3.24 |
The Estate of the Late
Mrs. D.G. Pandithage |
352,249 |
2.91 |
|
The Estate of the Late
Mrs. D.G. Pandithage |
352,249 |
2.91 |
| Mr. A.G. Pandithage |
339,380 |
2.80 |
|
Mr. A.G. Pandithage |
339,380 |
2.80 |
| Mr. K. Aloysius |
327,476 |
2.71 |
|
Mr. K. Aloysius |
327,476 |
2.71 |
| Mr. T.G.H. Peries |
191,284 |
1.58 |
|
Mr. T.G.H. Peries |
198,038 |
1.64 |
| Mr. A.M. Pandithage |
178,745 |
1.48 |
|
Mr. A.N. Algama |
187,455 |
1.55 |
| Mr. A.N. Algama |
170,755 |
1.41 |
|
Mr. A.M. Pandithage |
178,745 |
1.48 |
The Estate of the Late
Mr. A.A.C.A. Algama |
164,376 |
1.36 |
|
The Estate of the Late
Mr. A.A.C.A. Algama |
164,376 |
1.36 |
| Dr. D. Jayanntha |
154,100 |
1.27 |
|
Dr. D. Jayanntha |
154,100 |
1.27 |
| Mrs. M.S. Peries |
136,886 |
1.13 |
|
Mrs. M.S. Peries |
136,886 |
1.13 |
| Mr. L.P. Algama |
131,931 |
1.09 |
|
Mr. L.P. Algama |
131,931 |
1.09 |
| Mr. A.C. Pandithage |
109,632 |
0.91 |
|
Mr. A.C. Pandithage |
126,332 |
1.04 |
The Estate of the Late
Mr. N.U. Algama |
116,515 |
0.96 |
|
The Estate of the Late
Mr. N.U. Algama |
116,515 |
0.96 |
| Elgin Investments Ltd. |
114,759 |
0.95 |
|
Elgin Investments Ltd. |
114,759 |
0.95 |
| JB Cocoshell (Pvt) Ltd. |
103,500 |
0.86 |
|
JB Cocoshell (Pvt) Ltd. |
103,500 |
0.86 |
|
9,876,879 |
81.62 |
|
|
9,850,797 |
81.41 |
|
|
|
|
|
|
|
|
| |
|
|
