John Keells Holdings PLC (JKH) has announced dates related to its forthcoming rights issue of ordinary shares, followed by a sub-division of ordinary shares, subsequent to the in-principle approval granted by the Colombo Stock Exchange (CSE) on 10 August.

In a recent update, JKH outlined the timeline for the rights issue, starting with the extraordinary general meeting (EGM) scheduled for 9 September and ex-rights (XR) date on 10 September.

Rights trading will commence on 26 September, with the last date for renunciation of rights being 3 October. The final deadline for acceptance and payment for the rights issue is 8 October.

JKH also noted that the dates for the sub-division of ordinary shares will be communicated following the shareholder approval obtained at the EGM.

This information will be announced immediately after the declaration of the rights issue is submitted to the CSE.