INSIDER DEALING

Type of enforcement action

Name of Party

Conduct and outcome

Warning

Mr. I.E. Abeyratne

The SEC issued a letter of warning for conduct for trading in the shares of Hunas Falls PLC during the period 2nd January to 9th January 2019 after considering certain mitgatory factors surrounding his trades.

Warning issued on 26th September 2022

Warning

Mr. L. T. Samarawickrama

The SEC issued a letter of warning for communicating certain information he possessed by virtue of being a connected person to Hunas Falls PLC during the period 2nd January to 9th January 2019 which information was used by another to trade in the securities of that listed entity.

Warning issued on 26th September 2022

Warning

Mr. V.R Page

The SEC issued a letter of warning for conduct that created an appearance of insider trading into the trading activity in the voting shares of Cargills (Ceylon) PLC, prior to a dividend announcement.

Warning issued on 02nd September 2022

 

Kindly note that the names of certain personnel against whom enforcement action were taken in the past pertaining to this offence have been removed in accordance with the retention policy for publications.