Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 821

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 821
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 surrendered on a particular date. Subject to the execution of an instrument of transfer, if necessary, the declaration shall constitute good title to the Shares. Sale of forfeited or surrendered Shares 5.17Any person to whom the forfeited or surrendered Shares are disposed of shall not be bound to see to the application of the consideration, if any, of those Shares nor shall his title to the Shares be affected by any irregularity in, or invalidity of the proceedings in respect of, the forfeiture, surrender or disposal of those Shares. Annex B-23 6 Transfer of Shares Form of transfer 6.1Subject to the following Articles about the transfer of Shares, a Member may transfer Shares to another person by completing an instrument of transfer, in a common form or in a form approved by the directors, executed: (a)where the Shares are Fully Paid, by or on behalf of that Member; and (b)where the Shares are partly paid, by or on behalf of that Member and the transferee. Power to refuse registration 6.2The directors may refuse to register the transfer of a Share to any person. They may do so in their absolute discretion, without giving any reason for their refusal, and irrespective of whether the Share is Fully Paid or the Company has no lien over it. Notice of refusal to register 6.3If the directors refuse to register a transfer of a Share, they must send notice of their refusal to the existing Member within two months after the date on which the transfer was lodged with the Company. Power to suspend registration 6.4The directors may suspend registration of the transfer of Shares at such times and for such periods, not exceeding 30 days in any calendar year, as they determine. Fee, if any, payable for registration 6.5If the directors so decide, the Company may charge a reasonable fee for the registration of any instrument of transfer or other document relating to the title to a Share. Company may retain instrument of transfer 6.6The Company shall be entitled to retain any instrument of transfer which is registered; but an instrument of transfer which the directors refuse to register shall be returned to the person lodging it when notice of the refusal is given. 7 Transmission of Shares Persons entitled on death of a Member 7.1If a Member dies, the only persons recognised by the Company as having any title to the deceased Members’ interest are the following: (a)where the deceased Member was a joint holder, the survivor or survivors; and (b)where the