Section 561 Amount definition

Section 561 Amount means for any prescribed period, the amount stated in the relevant special resolution; and

Section 561 Amount means US$1 for the first Allotment Period and for any other Allotment Period means the amount specified as such in the Relevant Special Resolution;

Section 561 Amount means the amount specified as such in the Relevant Special Resolution;

Examples of Section 561 Amount in a sentence

• In all other cases, the maximum amount of equity securities and treasury shares which the Board can allot or sell is the Section 561 Amount.

• To consider, and if thought fit, to pass the following Resolutions 21 to 23 which will be proposed as SPECIAL RESOLUTIONS: RESOLUTION 21 – Disapplication of pre-emption rights THAT, subject to the passing of Resolution 20 above, the power conferred on the Directors by Article 8(B)(ii) of the Company’s Articles of Association be renewed for the period referred to in such Resolution and for such period the Section 561 Amount shall be £3,933,232.

• To consider, and if thought fit, to pass the following Resolutions 23 to 25 which will be proposed as SPECIAL RESOLUTIONS: RESOLUTION 23 – Disapplication of pre-emption rights THAT, subject to the passing of Resolution 22 above, the power conferred on the Directors by Article 8(B)(ii) of the Company’s Articles of Association be renewed for the period referred to in such Resolution and for such period the Section 561 Amount shall be £3,819,598.

• The £267,169 nominal amount of ordinary shares to which this authority relates (referred to as the Section 561 Amount) represents approximately 5% of the issued share capital of the Company as at the date hereof.

• To consider, and if thought fit, to pass the following Resolutions 20 to 23 which will be proposed as SPECIAL RESOLUTIONS: RESOLUTION 20 – Disapplication of pre-emption rights THAT, subject to the passing of Resolution 19 above, the power conferred on the Directors by Article 8(B)(ii) of the Company’s Articles of Association be renewed for the period referred to in such Resolution and for such period the Section 561 Amount shall be £4,025,231.

More Definitions of Section 561 Amount

Section 561 Amount means, for any Section 561 prescribed period, the amount stated in the relevant special resolution;

Section 561 Amount means for any prescribed period, the amount stated inthe relevant special resolution, pursuant to which shareholders have authorised the Directors with authority in respect of section 561 of the Act; and

Section 561 Amount means, for the first period, £203,030,896 and, for a subsequent section 561 period, the amount stated in the relevant special resolution;

Section 561 Amount means, for any prescribed period, the amount stated as such in the most recent special resolution applicable to that prescribed period.

Section 561 Amount shall for any Allotment Period be that stated in the relevant Special Resolution renewing the power conferred by Article 10.3 above for such period or any increased amount fixed by Special Resolution of the Company; and

Section 561 Amount means, for the first prescribed period, £345.09 and, for a subsequent prescribed period, the amount stated in the relevant special resolution;

Section 561 Amount means £1,500,000,000 for the first Allotment Period and for any other Allotment Period means the amount specified as such in the Relevant Special Resolution;