Rayynor Silva becomes Hayley’s third largest shareholder.

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Rayynor Silva becomes Hayley’s third largest shareholder within a few weeks. Rainer Silva is in the running to become the third largest shareholder in Sri Lanka’s most diversified blue-chip Haileys Plc within weeks. Dhammika Perera is the largest shareholder in Hayleys Plc with a 51% stake, while the Trustees of D.S. Jayasundara Trust own 11.6%.

Rayynor has entered Hayleys ahead of the announcement of the first interim dividend. Hayley’s share price on Tuesday closed at Rs. 91, up by one Rupee, and much higher than Rs. 83 the price paid by Raynor last week. Last Friday Hayley saw 6.1 million of its shares traded for Rs. 508.5 million inclusive of a crossing of 3.8 million shares at Rs. 83. On Monday Hayley saw a crossing of 500,000 shares at Rs. 86 each.

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