Galle Face Capital Partners to subdivide shares in 1-for-4 split

Galle Face Capital Partners PLC disclosed it has resolved to subdivide its issued ordinary shares on a one-for-four basis. 

The move would increase the number of shares in issue, without altering the company’s stated capital, the firm said in a stock exchange disclosure.

At a board meeting held on January 31, 2026, the directors approved the subdivision of the company’s existing 29,582,029 ordinary shares into 118,328,116 ordinary shares, by splitting each existing share into four.

The company said the exercise would have no impact on its stated capital, as the subdivision is purely a change in the number of shares in issue. Galle Face Capital Partners noted that Article 15(2) of its Articles of Association permits the subdivision of shares and does not require shareholder approval for such an action.

The effective date of the share subdivision would be communicated to the Colombo Stock Exchange in due course, the company said.