Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 824

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 824
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 and in the manner its directors determine before the issue of those Shares; (b)with the consent by Special Resolution of the Members holding Shares of a particular class, vary the rights attaching to that class of Shares so as to provide that those Shares are to be redeemed or are liable to be redeemed at the option of the Company on the terms and in the manner which the directors determine at the time of such variation; and (c)purchase all or any of its own Shares of any class including any redeemable Shares on the terms and in the manner which the directors determine at the time of such purchase. The Company may make a payment in respect of the redemption or purchase of its own Shares in any manner authorised by the Act, including out of any combination of the following: capital, its profits and the proceeds of a fresh issue of Shares. Power to pay for redemption or purchase in cash or in specie 9.2When making a payment in respect of the redemption or purchase of Shares, the directors may make the payment in cash or in specie (or partly in one and partly in the other) if so authorised by the terms of the allotment of those Shares, or by the terms applying to those Shares in accordance with Article 9.1, or otherwise by agreement with the Member holding those Shares. Effect of redemption or purchase of a Share 9.3Upon the date of redemption or purchase of a Share: (a)the Member holding that Share shall cease to be entitled to any rights in respect of the Share other than the right to receive: (i)the price for the Share; and (ii) any dividend declared in respect of the Share prior to the date of redemption or purchase; (b)the Member’s name shall be removed from the register of members with respect to the Share; and Annex B-26 (c)the Share shall be cancelled or held as a Treasury Shares, as the directors may determine. For the purpose of this Article, the date of redemption or purchase is the date when the redemption or purchase falls due. 10 Meetings of Members Power to call meetings 10.1 The directors may call a general meeting at any time. 10.2If there are insufficient directors to constitute a quorum and the remaining directors are unable to agree on the appointment of additional directors, the directors must call a general meeting for the purpose of appointing additional directors. 10.3The directors must also call a general meeting if requisitioned in the manner set out in the next two Articles