Company filings, disclosures and news on Printcare PLC (CARE), Commercial Printing/Forms on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
Printcare PLC's board recommended a rights issue to raise Rs.700,014,300 by issuing 23,333,810 new ordinary shares at Rs.30 each (19 new shares for every 70 held). The proposal is subject to Colombo Stock Exchange and shareholder approval; shares fell Rs.2.30 to Rs.37.70 after the announcement and net assets were Rs.65.22 per share at end-June 2026.
Printcare PLC will raise Rs700,014,300 via a rights issue offering 23,333,810 shares at Rs30 each (19 new shares for every 70). The proceeds are for investment and working capital; the company's shares were trading at Rs38, down 5%.
Rights issue · 19:70 at Rs 30.00
Rights issue (19:70) at LKR 30/share
Colombo Stock Exchange edged lower as the ASPI slipped 0.07% (down 15.72 pts) to 21,246.41 while the S&P SL20 was flat at 5,976.82. Top movers included Namunukula (+12.37%), Co-operative Insurance (+3.03%) and HNB (+0.20%); Printcare fell 5% after a board-recommended rights issue and Asia Asset Finance listed converted shares.
Colombo Stock Exchange closed with the ASPI down 0.06% at 22,229.71 while the S&P SL20 rose 0.05% to 6,209.85; market turnover was Rs.1.52bn and capital goods led turnover at Rs.834.9m. Dialog, Melstacorp and Bukit Darah were positive contributors, Aitken Spence, DFCC Bank and Ceylon Tobacco were top decliners, crossings were recorded in Hemas, Windforce and Printcare, and SANASA Life raised Rs.500m via subordinated debentures to meet regulatory capital requirements.
EDB held an awareness session for handicrafts, giftware, lifestyle and toy exporters with 100 SME participants to boost export capacity. Sessions covered packaging (presented by Printcare), IT and e-marketing, and consolidated freight services.
Finco Holdings increased its holding in Printcare Plc (CARE) to 11.21% after buying 2,648,582 shares at Rs 62 each.
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