Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 859

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 859
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 are outstanding upon the payment of dividends or the making of other distributions on, and upon the purchase, redemption or other acquisition by the Company of, the existing Shares or Shares of any other class of Shares or any other series of preferred shares; (i)the conditions or restrictions, if any, upon the creation of indebtedness of the Company or upon the issue of any additional Shares, including additional shares of such series or of any other class of Shares or any other series of preferred shares; and (j)any other powers, preferences and relative, participating, optional and other special rights, and any qualifications, limitations and restrictions of any other class of Shares or any other series of preferred shares. Power to pay commissions and brokerage fees 2.5The Company may pay a commission to any person in consideration of that person: (a)subscribing or agreeing to subscribe, whether absolutely or conditionally; or (b)procuring or agreeing to procure subscriptions, whether absolute or conditional, for any Shares. That commission may be satisfied by the payment of cash or the allotment of Fully Paid Up or Partly Paid Up Shares or partly in one way and partly in another. 2.6The Company may employ a broker in the issue of its capital and pay him any proper commission or brokerage. Trusts not recognised 2.7Except as required by Act: (a)no person shall be recognised by the Company as holding any Share on any trust; and (b)no person other than the Member shall be recognised by the Company as having any right in a Share. Security interests 2.8Notwithstanding the preceding Article, the Company may (but shall not be obliged to) recognise a security interest of which it has actual notice over shares. The Company shall not be treated as having recognised any such security interest unless it has so agreed in writing with the secured party. Power to vary class rights 2.9If the share capital is divided into different classes of Shares then, unless the terms on which a class of Shares was issued state otherwise, the rights attaching to a class of Shares may only be varied if one of the following applies: (a)the Members holding not less than two-thirds of the issued Shares of that class consent in writing to the variation; or Annex C-5 (b)the variation is made with the sanction of a Special Resolution passed at a separate general meeting of the Members holding the issued Shares of that class. 2.10For the purpose of Article 2.9(b), all