Common use of VARIATION OF SHARE CAPITAL Clause in Contracts

VARIATION OF SHARE CAPITAL. 6.1 In the event of any capitalisation or rights issue or any consolidation, sub-division or reduction or other variation of the share capital by the Company, or if any of the shares in the Company are to be converted to shares of another class pursuant to the provisions of the Articles (including, but not limited to, a conversion of ordinary “D1” shares into “A” ordinary shares and/or Deferred Shares immediately prior to a Listing), the limit on the number of Shares available under the Option, the number, class and nominal amount of Shares subject to the Option (the definition of “Shares” being adjusted accordingly) and the Exercise Price for each of those Shares may, at the discretion of the Company, be adjusted in such manner as the Board considers reasonable PROVIDED THAT:- 6.1.1 the aggregate amount payable on the exercise of an Option in full is not increased (subject to clause 6.1.2); and 6.1.2 the Exercise Price for a Share is not reduced below its nominal value. Table of Contents

VARIATION OF SHARE CAPITAL. 6.1 In the event of any capitalisation or rights issue or any consolidation, sub-division or reduction or other variation of the share capital by the Company, or if any of the shares in the Company are to be converted to shares of another class pursuant to the provisions of the Articles (including, but not limited to, a conversion of ordinary “D1” shares D1 Ordinary Shares into “A” ordinary shares A Ordinary Shares and/or Deferred Shares (as defined in the Articles) immediately prior to a Listing), the limit on the number of Shares available under the Option, the number, class and nominal amount of Shares subject to the Option (the definition of “Shares” being adjusted accordingly) and the Exercise Price for each of those Shares may, at the discretion of the Company, be adjusted in such manner as the Board considers reasonable PROVIDED THAT:- 6.1.1 the aggregate amount payable on the exercise of an Option in full is not increased (subject to clause Clause 6.1.2); and 6.1.2 the Exercise Price for a Share is not reduced below its nominal value. Table of Contents.

VARIATION OF SHARE CAPITAL. 6.1 In the event of any capitalisation or rights issue or any consolidation, sub-division or reduction or other variation of the share capital by the Company, or if any of the shares in the Company are to be converted to shares of another class pursuant to the provisions of the Articles (including, but not limited to, a conversion of ordinary “D1” shares into “A” ordinary shares and/or Deferred Shares immediately prior to a Listing), the limit on the number of Shares available under the Option, the number, class and nominal amount of Shares subject to the Option (the definition of “Shares” being adjusted accordingly) and ), the Exercise Price for each of those Shares and the number of Option Shares referred to in paragraph 1 of each of Part A and Part B of Schedule 1 may, at the discretion of the Company, be adjusted in such manner as the Board considers reasonable PROVIDED THAT:- 6.1.1 the aggregate amount payable on the exercise of an Option in full is not increased (subject to clause 6.1.2); and 6.1.2 the Exercise Price for a Share is not reduced below its nominal value. Table of Contents.