Prime Bank sponsor to sell shares worth Tk30.5cr thru block market

Mohammed Nader Khan, a sponsor and former chairman of Prime
Bank PLC, has announced plans to sell 1.02 crore shares of the bank through the
block market, according to a disclosure published on the stock exchanges today
(14 June).
The shares are valued at
approximately Tk30.54 crore based on today's closing price of Tk30 per share.
Nader Khan currently holds 4.40
crore shares, representing a 3.61% stake in the bank.
The proposed sale accounts for around 23% of his existing holdings.
According to the disclosure, the
shares will be sold through the block market of the Dhaka Stock Exchange within
the next 30 working days.
A block trade refers to a large,
privately negotiated transaction of securities.
Following the sale, he will retain
3.38 crore shares in the bank, maintaining a significant ownership position.
Meanwhile, Prime Bank reported
strong financial results for 2025, posting a consolidated net profit of Tk910
crore, up 24% from Tk732 crore in the previous year.
The bank's earnings per share rose
to Tk7.84 in 2025 from Tk6.31 a year earlier, reflecting improved
profitability.
The bank also maintained a solid
financial position during the year.
Its net asset value per share stood
at Tk40, while net operating cash flow per share reached Tk58.07, indicating
strong liquidity and operational performance.
Total assets increased to Tk64,890
crore as of December 2025, underscoring continued business expansion.
The bank's Capital to Risk Weighted
Assets Ratio stood at 18.07%, among the highest in Bangladesh's banking sector.
The bank's board approved a 30%
dividend for 2025, comprising 25% cash and 5% stock dividends.
Shareholders approved the payout at
the annual general meeting held on 21 May.
















