Bangladesh Securities & Exchange Commission (BSEC) has accorded its consent to transfer of total 19,81,880 pledged shares of Phoenix Finance and Investments Limited from transferors/pledgors- Mr. Abdur Rahaman (15,72,550 shares) and Mr. M.A. Majid (4,09,330 shares) (both are Sponsors/Directors of the said Company) to Prime Finance & Investment Limited (Pledgee) outside the trading system of the Exchange under the regulation 42(2)(b) of Listing Regulations of Dhaka Stock Exchange Limited.