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Holders of Zero Dividend Preference shares usually are not entitled to attend, communicate or vote at General Meetings until the enterprise of the meeting includes a resolution to differ, modify or abrogate the rights connected to the Zero Dividend Preference shares. On a winding up of the Company, Ordinary shareholders shall be entitled to all surplus property of the Company available after cost of the Company’s liabilities, together with the total and ultimate capital entitlement of the Zero Dividend Preference shares. The Company was launched on 12 May 1999, raising £21.38 million earlier than bills, by a placing of 15,000,000 Ordinary shares and, through its former subsidiary company, Small Companies PLC, 6,250,000 Zero Dividend Preference shares and 31,260 Preference shares.
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This authority will expire at the AGM to be held in 2021 or 15 months from the passing of the Resolution, whichever is earlier. …
