NDB Capital Holdings PLC (NCAP) has decided to de-list the ordinary shares of the company from the official list of the Colombo Stock Exchange (CSE) subject to shareholder and regulatory approvals.

NCAP has made arrangements with its majority shareholder National Development Bank PLC (NDB) to purchase the shares of the minority shareholders who may wish to divest their shares at a price of Rs. 600.00 per share.

A circular on an extraordinary emergency meeting seeking shareholder approval for the de-listing will be dispatched to NCAP shareholders.

Meanwhile, National Development Bank PLC as the majority shareholder and parent company of NDB Capital Holdings PLC, too has announced its willingness to make an offer of Rs. 600.00 per share of NCAP from those who wish to divest them.