Megachem Limited
Annual Report 2014
133
Notice of Annual General Meeting
(ii)
such authority shall, unless revoked or varied by the Company at a general meeting,
continue in force until the conclusion of the next Annual General Meeting or the
date by which the next Annual General Meeting of the Company is required by law
to be held, whichever is the earlier.”
(See Explanatory Note 1)
8.
Authority to grant options and to issue shares under the Megachem Employee Share Option
Scheme
“That authority be and is hereby given to the Directors of the Company to offer and grant
options from time to time in accordance with the provisions of the Megachem Employee
Share Option Scheme (the “Scheme”), and, pursuant to Section 161 of the Companies Act,
Chapter 50, to allot and issue from time to time such number of shares in the capital of the
Company as may be required to be issued pursuant to the exercise of options granted under
the Scheme, provided that the aggregate number of shares to be issued pursuant to the
Scheme shall not exceed 15% of the issued share capital of the Company from time to time,
as determined in accordance with the provisions of the Scheme.”
(See Explanatory Note 2)
(Resolution 8)
9.
To transact any other ordinary business which may properly be transacted at an Annual
General Meeting.
