LTN20170323293
LTN20170323293
LTN20170323293
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TERRITORYOFTHEBRITISHVIRGINISLANDS<br />
THEBVIBUSINESSCOMPANIESACT, 2004<br />
ARTICLESOFASSOCIATION<br />
Authorised<br />
Shares 1.1<br />
App3<br />
r.9<br />
Issueof<br />
shares<br />
App3<br />
r.6(1)<br />
OF<br />
E-CommoditiesHoldingsLimited<br />
TheCompanyshallhaveaforeigncharacternameinadditiontoitsEnglish<br />
nameE-CommoditiesHoldingsLimited)<br />
1 AuthorisedSharesandModificationofRights<br />
TheCompanyisauthorisedtoissueamaximumof6,000,000,000ordinarysharesofone<br />
classwithnoparvalue.<br />
1.2 SubjecttotheprovisionsoftheseArticlesandtoanydirectionthatmaybegivenbythe<br />
Companyingeneralmeetingandwithoutprejudicetoanyspecialrightsconferredonthe<br />
holdersofanyexistingsharesorattachingtoanyclassofshares, anysharemaybeissued<br />
withorhaveattachedtheretosuchpreferred, deferred, qualifiedorotherspecialrightsor<br />
restrictions, whetherinregardtodividend, voting, returnapplicabletosharesorotherwise,<br />
andtosuchpersonsatsuchtimesandforsuchconsiderationastheBoardmaydetermine.<br />
SubjecttotheActandtoanyspecialrightsconferredonanymembersorattachingtoany<br />
classofshares, anysharemay, withthesanctionofaSpecialResolutionofMembers, be<br />
issuedontermsthatitis, orattheoptionoftheCompanyortheholderthereofis, liabletobe<br />
redeemed. Nosharesshallbeissuedtobearer.<br />
Issueof<br />
warrants<br />
App3<br />
r.2(2)<br />
1.3 SubjecttotheListingRules, theBoardmayissuewarrantstosubscribeforanyclassof<br />
sharesorothersecuritiesoftheCompanyonsuchtermsasitmayfromtimetotime<br />
determine. Nowarrantsshallbeissuedtobearerforsolongasarecognisedclearinghouse<br />
initscapacityassuch) isamemberoftheCompany. Wherewarrantsareissuedtobearer,<br />
nonewwarrantshallbeissuedtoreplaceonethathasbeenlostunlesstheBoardissatisfied<br />
beyondreasonabledoubtthattheoriginalhasbeendestroyedandtheCompanyhas<br />
receivedanindemnityinsuchformastheBoardshallthinkfitwithregardtotheissueofany<br />
suchnewwarrant.<br />
Howclass1.4 IfatanytimetheauthorisedsharesoftheCompanyisdividedintodifferentclassesofshares,<br />
rightsmay alloranyoftherightsattachedtoanyclassofsharesforthetimebeingissued (unless<br />
bemodified otherwiseprovidedforinthetermsofissueofthesharesofthatclass) may, subjecttothe<br />
App3<br />
r.6(2)<br />
provisionsoftheAct, bevariedorabrogatedwiththeconsentinwritingoftheholdersofnot<br />
App13 lessthanthree-fourthsinnominalvalueoftheissuedsharesofthatclassorwiththesanction<br />
PartB ofaSpecialResolutionofMemberspassedataseparatemeetingoftheholdersofshares<br />
r.2(1)<br />
ofthatclass. ToeverysuchseparatemeetingalltheprovisionsoftheseArticlesrelatingto<br />
generalmeetingsshallmutatismutandisapply, butsothatthequorumforthepurposesof<br />
anysuchseparatemeetingandofanyadjournmentthereofshallbeapersonorpersons
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