SCHEDULES

F1F1SCHEDULE 11

Annotations:
Amendments (Textual)

Offers to limited numbers

4

1

The securities are offered to no more than fifty persons.

2

In determining whether this condition is satisfied, the offer is to be taken together with any other offer of the same securities which was—

a

made by the same person;

b

open at any time within the period of 12 months ending with the date on which the offer is first made; and

c

not an offer to the public in the United Kingdom by virtue of this condition being satisfied.

3

For the purposes of this paragraph—

a

the making of an offer of securities to trustees or members of a partnership in their capacity as such, or

b

the making of such an offer to any other two or more persons jointly,

is to be treated as the making of an offer to a single person.