Full text : Secretarial practice

APPENDIX D

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publicly advertised, copy of newspaper in which the full
prospectus was advertised.
5. If issued pro rata to existing Shareholders, undertaking tc
split letters of renunciation.
Specimen (or advance proof) of Allotment Letter, and, if
possible, of Scrip and Definitive Certificates. If the Allotment
 Letters bear a Form of Renunciation there should be
included in No. 7 an undertaking to split Letters of Allotment
 on request. In order to facilitate the certification of
transfers it is suggested that the Allotment Letters should
contain the distinctive numbers of the Shares to which
they relate.
7. Letter (a) giving distinctive numbers
(1) of Shares for which Permission to Deal is being applied
for, distinguishing those to be allotted.
(c) for cash;
(v) to Vendors or others for a consideration other than
cash or in exchange for cash;
(0) in pursuance of an option. :
(2) giving number of Shares unissued or for which Permission
 to Deal is not applied for, distinguishing those:
'v) allotted to Vendors or others for a consideration
other than Cash or in exchange for Cash;
(0) under option;
'r) reserved for future issue.
undertaking to issue all the Allotment Letters simultaneously
 and in the event of its being impossible to
issue Letters of Regret at the same time an undertaking
to insert in the Press a Notice to that effect, so that the
Notice shall appear on the morning after the Letters of
Allotment have been posted.
undertaking to certify transfers against Allotment
Letters, and
stating (in the case of a further issue) whether or not
the Shares are identicalt in all respects with existing
Shares.
3. In all cases where power has been taken in the Articles of
Association to issue Share Warrants to Bearer, an undertaking
 from the Company will be required to the effect
(1) that in the event of the Company deciding to issue Share
Warrants to Bearer, such warrants will be issued in exchange
 for Registered Shares within 3 weeks of the deposit

- A statement that Shares are in all respects identical is understood to mean that
{1) They are of the same nominal value, and that the same amount per Share hzs been
called up.
(2) They carry the same rights as to unrestricted transfer, attendan:
meetings, and in all other respects.
3) They are entitled to dividend at the same rate and for the same period, so that wg
the next ensuing distribution the dividend payable on each Share will amount to
axactly the same sum
            
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