Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 843

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 843
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, published in a different place on the website to the place notified; or (b)they are published for part only of the period from the date of notification until the conclusion of that meeting. When accounts are to be audited 21.7Unless the directors or the Members, by Ordinary Resolution, so resolve or unless the Act so requires, the Company’s accounts will not be audited. If the Members so resolve, the Company’s accounts shall be audited in the manner determined by Ordinary Resolution. Alternatively, if the directors so resolve, they shall be audited in the manner they determine. 22 Financial year Unless the directors otherwise specify, the financial year of the Company: (a)shall end on 31 st December in the year of its incorporation and each following year; and (b)shall begin when it was incorporated and on 1 st January each following year. 23 Record dates Except to the extent of any conflicting rights attached to Shares, the directors may fix any time and date as the record date for declaring or paying a dividend or making or issuing an allotment of Shares. The record date may be before or after the date on which a dividend, allotment or issue is declared, paid or made. 24 Dividends Declaration of dividends by Members 24.1Subject to the provisions of the Act, the Company may by Ordinary Resolution declare dividends in accordance with the respective rights of the Members but no dividend shall exceed the amount recommended by the directors. Payment of interim dividends and declaration of final dividends by directors 24.2The directors may pay interim dividends or declare final dividends in accordance with the respective rights of the Members if it appears to them that they are justified by the financial position of the Company and that such dividends may lawfully be paid. 24.3Subject to the provisions of the Act, in relation to the distinction between interim dividends and final dividends, the following applies: (a)Upon determination to pay a dividend or dividends described as interim by the directors in the dividend resolution, no debt shall be created by the declaration until such time as payment is made. Annex B-42 (b)Upon declaration of a dividend or dividends described as final by the directors in the dividend resolution, a debt shall be created immediately following the declaration, the due date to be the date the dividend is stated to be payable in the resolution. If the resolution fails to specify whether a dividend is final or interim, it shall be assumed to be interim. 24.4In relation to Shares carrying differing rights