|
|
| |
|
| 21. Ordinary
Shares |
Company |
| |
2001
|
2000
|
| Authorised |
|
|
| 10,000,000,000
(2000 - 10,000,000,000) |
|
|
| ordinary
shares of Rs. 10/- each |
100,000
|
100,000
|
| Issued
and Fully Paid |
|
|
| 1,804,860,000
ordinary shares of Rs. 10/- each |
18,049
|
18,049
|
The issued and fully paid share capital is held
as follows:
|
| |
Holding
Percentage
|
2001
No. of Shares
|
2000
No.of Shares
|
| Government
of Sri Lanka (GOSL) |
61.5% |
1,109,988,900 |
1,109,988,900 |
| NTT Communications
Corporation |
35.2% |
635,076,318 |
635,076,318 |
| Employees
and others |
3.3% |
59,794,782 |
59,794,782 |
| |
|
1,804,860,000
|
1,804,860,000 |
On 5 August 1997, the GOSL, the sole shareholder as on
that date, divested 35% of the shares in SLTL, amounting
to 631,701,000 ordinary shares, to NTT under the privatisation
programme.
On 2 July 1998, the GOSL further
divested 3.5% of the shares in SLTL, amounting to 63,170,100
ordinary shares to the employees of SLTL.
On 7 June 1999, SLTL employees sold
0.2% of their shares to NTT Corporation.
On 22 March 2000, NTT Corporation
transferred the full amount of its shares in the Company
to NTT Communications Corporation.
|
 |
