Acuity Innovation and Recognition

Acuity Partners has been in the forefront in terms of providing innovative and workable solutions to clients. This has resulted in many ‘First Ever’ transactions in the Capital Markets. Acuity strives to meet their client’s requirements by exploring all avenues possible prior to deciding on the optimum solution.

Innovation

	Hayleys PLC Hayleys acquired a 51% stake in Amaya Leisure from Mr. Dhammika Perera in exchange for a 9% stake in Hayleys PLC. LKR 2,600 million 2011 Buy/Sell Side Broker	“The first ever capital market share swap transaction was executed by ACUITY who represented both the Buyer and the Seller.”
	NAMAL Acuity Value Fund NAMAL Acuity Value Fund LKR 536 million Initial Public Offering 2009. Sponsor & Manager	“The first ever exchange traded fund to be listed on the Colombo Stock Exchange was sponsored and successfully placed by ACUITY.”
	Diesel & Motor Engineering LKR 544 million Share Buy – Back 2008. Advisor	“The first ever share buy-back on the Colombo Stock Exchange.”
	Hatton National Bank USD 9,733,250 Global Depositary Receipt Offering 2005. Advisor to the Bank	“The first ever international equity offering and listing by a Sri Lankan bank. ACUITY is the only Sri Lankan investment bank with experience of having successfully closed an international offering.”

Recognitions

	Union Bank PLC LKR 375 million Initial Public Offering 2011. Joint Manager	“Union Bank’s LKR 375 million initial public offering (IPO) was oversubscribed 300 times on the opening day, being the highest oversubscription rate for an IPO in the country’s capital market history.”
	Vallibel One Limited LKR 4,900 million Private Placement 2011. Lead Manager & Co Placement Agent	“The Private Placement of Vallibel One Limited of LKR 4.9 billion is the highest level of equity raised in a Private Placement.”
	Heladhanavi USD 36,500,000 Interest Rate Swap 2004. Arranger & Swap Counterparty	“The Heladhanavi interest rate swap was the largest derivatives transaction in Sri Lanka at that time.”
	Sri Lanka Telecom LKR 3,248 million Initial Public Offering 2002. Sole Manager	“The first ever international equity offering and listing by a Sri Lankan bank. ACUITY is the only Sri Lankan investment bank with experience of having successfully closed an international offering.”
	Sri Lanka Telecom LKR 32,000 million Strategic Sale 2008. Broker	“The sale by NTT of a strategic stake in Sri Lanka Telecom for LKR 32,000 million is currently the single largest transaction carried out through the Colombo Stock Exchange.”