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MAE-5.2.5

Until a personG to whom a direction has been issued under Paragraph MAE-5.2.4 transfers or disposes of the shares which are subject to the direction and notwithstanding anything to the contrary, the Memorandum or Articles of Association or other constituent document or documents of the licensed exchangeG :

(a) No voting rights shall be exercisable in respect of the shares which are the subject of the direction;
(b) The licensed exchangeG shall not offer or issue any shares (whether by way of rights, bonus, share dividend or otherwise) in respect of the shares which are the subject of the direction; and
(c) Except in liquidation of the licensed exchangeG , the licensed exchangeG shall not make any payment (whether by way of cash dividend, dividend in kind or otherwise) in respect of the shares which are the subject of the direction.
 Versions
(1 Version)
 
Oct 1 2008 onwards
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