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

Company: ANGLE plc
Filing Date: 2025-11-19
Form: 424B3
Chunk 25
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 taxes) to the Holders as of the ADS Record Date upon the terms hereof and of the Deposit Agreement. If the Depositary is unable
to sell such property, the Depositary may dispose of such property for the account of the Holders in any way it deems reasonably practicable
under the circumstances.

Neither the Depositary nor
the Company shall be responsible for (i) any failure to determine whether it is lawful or practicable to make the property described in
Section 4.5 of the Deposit Agreement available to Holders in general or any Holders in particular, nor (ii) any loss incurred in connection
with the sale or disposal of such property.

(16) Redemption. Upon timely receipt of notice from the Company (as described in Section 4.7 of the Deposit Agreement) that
it intends to exercise its right of redemption in respect of any of the Deposited Securities, and reasonably satisfactory documentation,
and upon determining, after consultation with the Company, that such proposed redemption is practicable, the Depositary shall (to the
extent practicable) provide to each Holder a notice setting forth the Company’s intention to exercise the redemption rights and
any other particulars set forth in the Company’s notice to the Depositary. The Depositary shall instruct the Custodian to present
to the Company the Deposited Securities in respect of which redemption rights are being exercised against payment of the applicable redemption
price. Upon receipt of confirmation from the Custodian that the redemption has taken place and that funds representing the redemption
price have been received, the Depositary shall convert, transfer, and distribute the proceeds (net of applicable (a) fees and charges
of, and the expenses incurred by, the Depositary, and (b) taxes), retire ADSs and cancel ADRs, if applicable, upon delivery of such ADSs
by Holders thereof and the terms set forth in Sections 4.1 and 6.2 of the Deposit Agreement. If less than all outstanding Deposited Securities
are redeemed, the ADSs to be retired will be selected by lot or on a pro rata basis, as may be determined by the Depositary. The redemption
price per ADS shall be the dollar equivalent of the per share amount received by the Depositary (adjusted to reflect the ADS(s)-to-Share(s)
ratio) upon the redemption of the Deposited Securities represented by ADSs (subject to the terms of Section 4.8 of the Deposit Agreement
and the applicable fees and charges of