9:38am, Fri 27th Nov 2015
The Board of Directors of Woking Football Club Limited have not been requested to agree a transfer of shares from Mr Peter Jordan to anyone either individually or as part of a consortium.
When the Board first became aware of the possible transfer of shares they invited Mr Ashley Read to a meeting and requested information on members of a possible consortium. The names were not forthcoming at that meeting but the Board agreed to release the simple financial information requested by Mr Read on receipt of a signed non-disclosure agreement as is good business practice.
If the Board receives a request for a transfer of shares leading to a new majority shareholder this triggers the need for approval by the Board under Woking FC Articles of Association but no such request has yet been received.
It is a private matter for Mr Jordan to agree with Mr Read any transfer of his shares and then pass that information to the Board for approval.
