Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 815

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 815
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 only be varied if one of the following applies: (a)the Members holding two thirds of the issued Shares of that class consent in writing to the variation; or Annex B-18 (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. 2.8For the purpose of paragraph (b) of the preceding Article, all 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 2.9 Unless 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. Capital contributions without issue of further Shares 2.10With the consent of a Member, the directors may accept a voluntary contribution to the capital of the Company from that Member without issuing Shares in consideration for that contribution. In that event, the contribution shall be dealt with in the following manner: (a)It shall be treated as if it were a share premium. (b)Unless the Member agrees otherwise: (i)if the Member holds Shares in a single class of Shares - it shall be credited to the share premium account for that class of Shares; (ii)if the Member holds Shares of more than one class - it shall be credited rateably to the share premium accounts for those classes of Shares (in the proportion that the sum of the issue prices for each class of Shares that the Member holds bears to the total issue prices for all classes of Shares that the Member holds). (c)It shall be subject to the provisions of the Act and these Articles applicable to share premiums. No bearer Shares or warrants 2.11The Company shall not issue Shares or warrants to bearers. Treasury Shares 2.12Shares 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