The director of Prime Bank PLC, a publicly listed company, has disclosed plans to transfer shares, as reported by sources from the Dhaka Stock Exchange (DSE).

As per the information, Azam J Chowdhury, the company’s director, intends to gift 8.5 million shares to his son, Tanvir A Chowdhury, who serves as a nominated director of the firm.

This share transfer is set to occur within the next 30 working days and will take place outside the trading system of the exchange.