R. Senthilverl, a prominent investor in the Colombo Stock Exchange has sold 9.1 percent or 26.8 million shares of Pan Asia Bank to Taprobane Holdings Limited at around 10.49 this morning.

This transaction has been carried out as a crossing where the shares have been sold at Rs. 20 each, say informed sources.

This transaction is estimated to be over Rs. 520 million.