LVL Energy Fund Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

J. Gamage

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	no data
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO

J. Gamage

no data

Tenure

J. P.I. Gamage Serves As CEO Of LVL Energy Fund PLC.

Board Members

Name	Position	Tenure	Compensation	Ownership
Joseph Dacius Kekulawala	Independent Non-Executive Director	6.3yrs	no data	0.086% LKR 2.3m
Mohan Abeywardena	Non-Executive Director	8.4yrs	no data	no data
Wickramasinghe Pathiranage Jayawardana	Director	no data	no data	no data
Aloysius Gerard Dissanayake	Director	2.5yrs	no data	no data
Mohandas Wijetunge	Non-Executive Director	no data	no data	11.66% LKR 312.4m
Mahal Wijetunge	Non Independent Non-Executive Director	6.3yrs	no data	0.64% LKR 17.2m
Kasturiarachchige Chandana Dharmawardana	Independent Non Executive Director	6.2yrs	no data	no data
Ravi Dassanayake	Non Independent Non Executive Director	4.3yrs	no data	0% LKR 0
P.G. Damith Pallewatte	Chairman of the Board	2.8yrs	no data	no data
N.H. Thimal Perera	Director	2.3yrs	no data	no data

5.2yrs

Average Tenure

Experienced Board: LVEF.N0000's board of directors are considered experienced (5.2 years average tenure).

LVL Energy Fund Management

Management criteria checks 1/4

Key information

Recent management updates

LVL Energy Fund PLC, Annual General Meeting, Sep 26, 2023

Less than half of directors are independent

Lvl Energy Fund plc Announces Retirement of Ananda Ranjith Munasinghe as Independent Non-Executive Director

High number of new directors

LVL Energy Fund PLC Announces Retirement of Daya Sumith Arangala as Chief Executive Officer

Independent Non-Executive Director recently sold LK₨438k worth of stock

Recent updates

Third quarter 2024 earnings released: LK₨0.20 loss per share (vs LK₨2.89 profit in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0.24 (vs LK₨2.17 loss in 2Q 2023)

New major risk - Market cap size

LVL Energy Fund PLC, Annual General Meeting, Sep 26, 2023

First quarter 2024 earnings released: LK₨0.13 loss per share (vs LK₨0.47 loss in 1Q 2023)

New major risk - Share price stability

Full year 2023 earnings released: LK₨0.07 loss per share (vs LK₨1.13 profit in FY 2022)

Investor sentiment improves as stock rises 19%

Third quarter 2023 earnings released: EPS: LK₨2.89 (vs LK₨0.09 in 3Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: LK₨2.17 loss per share (vs LK₨0.38 profit in 2Q 2022)

Price target decreased to LK₨12.00

Lvl Energy Fund plc Announces Retirement of Ananda Ranjith Munasinghe as Independent Non-Executive Director

High number of new directors

Investor sentiment improved over the past week

LVL Energy Fund PLC Announces Retirement of Daya Sumith Arangala as Chief Executive Officer

First quarter 2023 earnings released: LK₨0.47 loss per share (vs LK₨0.35 profit in 1Q 2022)

Full year 2022 earnings released: EPS: LK₨1.04 (vs LK₨1.09 in FY 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Independent Non-Executive Director recently sold LK₨438k worth of stock

Second quarter 2022 earnings released: EPS LK₨0.38 (vs LK₨0.44 in 2Q 2021)

Independent Non-Executive Director recently sold LK₨272k worth of stock

Independent Non-Executive Director recently sold LK₨112k worth of stock

Upcoming dividend of LK₨0.35 per share

Independent Non-Executive Director recently sold LK₨221k worth of stock

Independent Non-Executive Director recently sold LK₨110k worth of stock

Independent Non-Executive Director recently sold LK₨79m worth of stock

New 90-day low: LK₨9.50

Third quarter 2021 earnings released: EPS LK₨0.18 (vs LK₨0.04 in 3Q 2020)

Independent Non-Executive Director recently sold LK₨1.0m worth of stock

New 90-day high: LK₨10.30

Independent Non-Executive Director recently sold LK₨888k worth of stock

New 90-day high: LK₨10.00

Market bids up stock over the past week

Ananda Ranjith Munasinghe, Independent Non-Executive Director of LVL Energy Fund PLC Ceases

New 90-day high - LK₨8.10

New 90-day high - LK₨7.70

First quarter earnings released

LVL Energy Fund PLC has completed an IPO in the amount of LKR 1.2 billion.

CEO

Tenure

Board Members

Average Tenure