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Rights of common shares, applicable law

Pursuant and subject to the provisions of the Companies Law, Cap. 113 and the company’s Articles of Association, an ordinary share fully paid in the company confers on the shareholder:

(a)  the right to receive notice and vote at general meetings of the company,
(b)  the right to a proportionate share in dividends authorised by the board of directors,
(c)  the right to a proportionate share in the distribution of amounts arising out of capitalization of profits,
(d)  the right of pre-emption to receive a proportionate share of the additional share capital on the increase of the company’s share capital by consideration in cash, and
(e)  the right to assets distributed in the event of the company’s winding up.
(f)   the right to be treated equally by the Company with shareholders of the same class

 

Applicable laws

  1. The Cyprus Companies Law, Cap. 113
  2. The Code of Market Conduct
  3. United Kingdom Listing, Prospectus, Disclosure and Transparency Rules
  4. The City Code on Takeovers and Mergers
  5. Financial Services and Markets Act, 2000