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Classification: General
CONTENTS
PRELIMINARY .....................................................................................................................1
1.
Interpretation..........................................................................................................1
SHARE CAPITAL ..................................................................................................................8
2.
Authorised share capital ...........................................................................................8
3.
Register of holders ...................................................................................................9
4.
Rights attached to shares .........................................................................................9
5.
Unissued shares ......................................................................................................9
6.
Authority to allot relevant securities ...........................................................................9
7.
Pre-emption rights ................................................................................................. 10
8.
Dis-application of pre-emption rights........................................................................ 11
9.
Tag along rights..................................................................................................... 11
10.
Power to pay commission and brokerage .................................................................. 11
11.
Power to increase, consolidate, sub-divide and cancel shares ...................................... 11
12.
Power to issue redeemable shares ........................................................................... 12
13.
Power to purchase own shares ................................................................................ 12
14.
Power to reduce capital .......................................................................................... 12
15.
Trusts not recognised ............................................................................................. 12
UNCERTIFICATED SHARES - GENERAL POWERS ................................................................... 12
16.
Uncertificated shares - general powers ..................................................................... 12
VARIATION OF RIGHTS...................................................................................................... 14
17.
Variation of rights .................................................................................................. 14
TRANSFERS OF SHARES .................................................................................................... 14
18.
Right to transfer shares .......................................................................................... 14
19.
Transfers of uncertificated shares ............................................................................ 15
20.
Transfers of certificated shares ................................................................................ 15
21.
Other provisions relating to transfers ....................................................................... 15
22.
Notice of refusal .................................................................................................... 16
TRANSMISSION OF SHARES............................................................................................... 16
23.
Transmission on death............................................................................................ 16
24.
Election of person entitled by transmission................................................................ 16
25.
Rights of person entitled by transmission .................................................................. 16
DISCLOSURE OF INTERESTS IN SHARES ............................................................................. 16
26.
Disclosure of interests in shares............................................................................... 16
27.
Disclosures pursuant to laws and regulations relating to disclosure and transparency ..... 19
GENERAL MEETINGS ......................................................................................................... 20
28.
Annual general meetings ........................................................................................ 20
29.
Convening of general meetings other than annual general meetings............................. 20
30.
Members' power to require circulation of resolutions for annual general meetings .......... 20
31.
Members' power to require circulation of statements .................................................. 21
32.
Separate general meetings ..................................................................................... 22
NOTICE OF GENERAL MEETINGS......................................................................................... 22
33.
Length and form of notice ....................................................................................... 22
34.
Omission or non-receipt of notice............................................................................. 23
PROCEEDINGS AT GENERAL MEETINGS ............................................................................... 23
35.
Quorum................................................................................................................ 23
36.
Security................................................................................................................ 23
37.
Chairman.............................................................................................................. 23
38.
Right to attend and speak ....................................................................................... 24
39.
Resolutions and amendments .................................................................................. 24
40.
Adjournment ......................................................................................................... 24
41.
Meeting at more than one place............................................................................... 25
42.
Method of voting and demand for poll....................................................................... 25
43.
How poll is to be taken ........................................................................................... 26
44.
Chairman's casting vote.......................................................................................... 27
VOTES OF MEMBERS ......................................................................................................... 28
45.
Voting rights ......................................................................................................... 28
46.
Representation of bodies corporate .......................................................................... 28
47.
Voting rights of joint holders ................................................................................... 29