March 3rd 2011 the Serendib Hotel PLC announced the rights issue of Voting and Non Voting shares of 15,102,948 and 7,202,211 respectively.
The Company further announced more information about the Voting and Non Voting shares,
Serendib Hotel PLC Voting Rights Issue
| Date of initial Announcement | : 03rd March 2011 |
| Proportion | : 1 new share for every 4 shares held |
| Issue Price | : Rs.24.50 |
| The number of shares to be issued | : 15,102,948 Ordinary shares |
| EGM or Provisional Allotment | : 05th May 2011 |
| Ex- Rights Date | : 06th May 2011 |
| Dispatch of Provisional Letter of Allotment | : 12th May 2011 |
| Rights trading Commences on | : 20th May 2011 |
| Renunciation | : 27th May 2011 |
| Last date of Acceptance & Payment | : 30th May 2011 |
Serendib Hotel PLC Non -Voting Rights Issue
| Date of initial Announcement | : 03rd March 2011 |
| Proportion | : 1 new share for every 4 shares held |
| Issue Price | : Rs.18.25 |
| The number of shares to be issued | : 7,202,211 Ordinary shares |
| EGM or Provisional Allotment | : 05th May 2011 |
| Ex- Rights Date | : 06th May 2011 |
| Dispatch of Provisional Letter of Allotment | : 12th May 2011 |
| Rights trading Commences on | : 20th May 2011 |
| Renunciation | : 27th May 2011 |
| Last date of Acceptance & Payment | : 30th May 2011 |
Source: http://www.cse.lk/companiesprofile/announcments.htm?id=246&symbol=SHOT.N0000
http://www.cse.lk/cmt/uploadAnnounceFiles/5131299129590_601.pdf
http://synergyy.com/2011/03/serendib-hotel-plc-right-issue-14/
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