Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 860

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 860
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 the provisions of these Articles relating to general meetings apply, mutatis mutandis, to every such separate meeting except that: (a)the necessary quorum shall be one or more persons holding, or representing by proxy, not less than one third of the issued Shares of the class; and (b)any Member holding issued Shares of the class, present in person or by proxy or, in the case of a corporate Member, by its duly authorised representative, may demand a poll. Effect of new Share issue on existing class rights 2.11Unless the terms on which a class of Shares was issued state otherwise, the rights conferred on the Member holding Shares of any class shall not be deemed to be varied by the creation or issue of further Shares ranking pari passu with the existing Shares of that class. The rights attached to or otherwise conferred upon the holders of the Shares of any class shall not be deemed to be varied by the creation or issue of Shares with preferred or other rights including, without limitation, the creation of shares with enhanced or weighted voting rights. No bearer Shares or warrants 2.12The Company shall not issue Shares or warrants to bearers. Treasury Shares 2.13Shares that the Company purchases, redeems or acquires by way of surrender in accordance with the Act shall be held as Treasury Shares and not treated as cancelled if: (a)the Directors so determine prior to the purchase, redemption or surrender of those shares; and (b)the relevant provisions of the Memorandum and Articles and the Act are otherwise complied with. Rights attaching to Treasury Shares and related matters 2.14No dividend may be declared or paid, and no other distribution (whether in cash or otherwise) of the Company’s assets (including any distribution of assets to Members on a winding up) may be made to the Company in respect of a Treasury Share. 2.15The Company shall be entered in the register of Members as the holder of the Treasury Shares. However: (a)the Company shall not be treated as a Member for any purpose and shall not exercise any right in respect of the Treasury Shares, and any purported exercise of such a right shall be void; and (b)a Treasury Share shall not be voted, directly or indirectly, at any meeting of the Company and shall not be counted in determining the total number of issued shares at any given time, whether for the purposes of these Articles or the Act. 2.16Nothing in Article 2.15 prevents an allotment of Shares as Fully Paid Up bonus