News Column

DIRECTOR DEALINGS: Phaunos Timber Non-Executive Buys 1 Million Shares

June 30, 2014

Arvind Bhunjun

LONDON (Alliance News) - Phaunos Timber Fund Limited Monday said Non-Executive Independent Director William Weeks Vanderfelt bought 1 million shares at a price of USD0.42 per share, in a deal worth USD420,000 gross.

Following this transaction, Vanderfelt holds 4.8 million shares, which represents 0.89% stake in the firm.

Shares were up 0.9% at USD0.426 Monday.

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Source: Alliance News

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