Company: ANPCF
Filing Date: 2025-11-19
Form Type: 424B3
Source: 0001193805-25-001618
Chunk: 22

Company: ANGLE plc
Filing Date: 2025-11-19
Form: 424B3
Chunk 22
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 rights available to any Holders only if (i) the Company shall have timely requested
that such rights be made available to Holders, (ii) the Depositary shall have received reasonably satisfactory documentation within the
terms of Section 5.7 of the Deposit Agreement, and (iii) the Depositary shall have determined that such distribution of rights is reasonably
practicable. If such conditions are not satisfied or if the Company requests that the rights not be made available to Holders of ADSs,
the Depositary shall sell the rights as described below. In the event all conditions set forth above are satisfied, the Depositary shall
establish the ADS Record Date (upon the terms described in Section 4.9 of the Deposit Agreement) and establish procedures to (x) distribute
rights to purchase additional ADSs (by means of warrants or otherwise), (y) enable the Holders to exercise such rights (upon payment
of the subscription price and of the applicable (a) fees and charges of, and expenses incurred by, the Depositary and (b) taxes), and
(z) deliver ADSs upon the valid exercise of such rights. Nothing herein or in the Deposit Agreement shall obligate the Depositary
to make available to the Holders a method to exercise rights to subscribe for Shares (rather than ADSs). If (i) the Company does not timely
request the Depositary to make the rights available to Holders or requests that the rights not be made available to Holders, (ii) the
Depositary fails to receive reasonably satisfactory documentation within the terms of Section 5.7 of the Deposit Agreement or determines,
upon consultation with the Company, it is not reasonably practicable to make the rights available to Holders, or (iii) any rights made
available are not exercised and appear to be about to lapse, the Depositary shall, upon consultation with the Company, determine whether
it is lawful and reasonably practicable to sell such rights, in a riskless principal capacity, at such place and upon such terms (including
public and private sale) as it may deem practicable. The Depositary shall, upon such sale, convert and distribute proceeds of such sale
(net of applicable (a) fees and charges of, and expenses incurred by, the Depositary and (b) taxes) upon the terms hereof and
of Section 4.1 of the Deposit Agreement. If the Depositary is unable to make any rights available to Holders upon the terms described
in Section 4