Matthew Wood Adds from Third Party to Voyager, Wolf Stake
March 2 (Cover Mongolia) Chairman of Voyager Resources (ASX:VOR) and Executive Chairman of Wolf Petroleum (ASX:WOF) Mr. Matthew Gaden Western Wood filed separate disclosures on February 24 stating that he had entered into a Share Purchase Agreement dated 18 February with an “unrelated third party” to acquire:
a) 44,711,832 ordinary shares for $134,135.50 consideration, or 3c per share. Voyager closed at 0.5c on 18 February.
b) 17,400,000 listed options exercisable at $0.06 each, on or before 30 June 2015, for $8,700.00 consideration
c) 36,265,150 listed options exercisable at $0.03 each, on or before 31 December 2014 for $18,132.58 consideration
a) 3,750,000 Ordinary shares for $187,500, or 5c. Wolf market price was 6c on 18 February.
b) 6,000,000 Listed Options exercisable at $0.05 on or before 31 July 2018 for $120,000
The Voyager purchase immediately catapulted Wood to become a substantial holder with 5.17% of total voting power, holding 80,033,377 shares. Previously he held 2.28%. A full list of Wood’s Voyager holdings was disclosed in a director’s notice.
In the case of Wolf, Wood’s holding has increased from 5.12% (13.4 million / 261.8 million total) to 6.55%, although neither a director’s notice nor a substantial holder notice has been filed so far.
The off-market transactions on the same day suggest perhaps a single seller was looking to offload.
Voyager closed -0.1c to 0.3c, Wolf closed +0.5c to 6.5c Friday.