West Australian Newspapers shareholders should not worry about Kerry Stokes looking for seats on the publishers board of directors, a director of Seven Network said, ABC News reported Wednesday.

Stokes, who owns almost 20 percent of WA Newspapers and controls Seven Network, said he is looking for a seat for himself and fellow director Peter Gammell, because he wants to “refresh the direction of the company,” the report stated.

Non-executive directors of WA Newspapers siad they would rather quit than serve alongside Stoke, because he is trying to control the company without paying a takeover premium, according to ABC News.

Gammell said the accusations are false, and that “we're not taking control and as there's not a takeover, there's no issue about control premium,” ABC News reported.