Softlogic Holdings PLC (SHL) has announced plans to proceed with the conversion of 121.63 million Warrants into ordinary shares, subject to shareholder and Warrant-holder approval to extend the conversion date.
The company said separate Extraordinary General Meetings (EGMs) of shareholders and Warrant holders will be held on 21 September 2026, with notices scheduled to be dispatched on 25 August.
Subject to the required approvals, documents relating to the conversion will be dispatched to warrant holders on 23 September, while the final date for payment will be 7 October.
The resulting shares are expected to be directly deposited to the respective Central Depository System accounts by 22 October.
Softlogic Holdings said the declaration relating to the conversion will be submitted to the Colombo Stock Exchange (CSE) on 23 October, with trading in the new shares scheduled to commence on 26 October.