Having considered the circumstances surrounding the divesture of the entire stake of 31% of PC Pharma PLC by Adams Investments PLC on 07 August 2014 even while its mandatory offer was pending for its purchase, the Securities and Exchange Commission of Sri Lanka (SEC) decided to cancel the said trade for the protection of investors.

Therefore, the SEC directed the Colombo Stock Exchange to cancel the sale of PC Pharma PLC shares by Adams Investments PLC on 07 August with immediate effect and to take all necessary steps to preserve status quo.