Clause 72

by deleting the words “offeree corporation” wherever they appear and substituting in each case the words “offeree company”;

by deleting the word “corporation” wherever it appears in the following provisions and substituting in each case the word “company”: Part A — paragraph 2 (fourth line); Part B — paragraphs 4 (a) (fifth line) and 4 (c) (fourth line); and Part C — paragraphs 2 (a) (third line), 2 (d) (fifth line) and 2 (h) (third line);

by deleting the words “one month from that date” in the last line of paragraph 1 of Part A and substituting the words “twenty-one days from the date of despatch”;

by deleting the word “number” in the third and fourth lines of paragraph 3(a) and in the second line of paragraph 4 of Part A and substituting in each case the word “percentage”;

by deleting the words “forty-two days after the date of the offer” in paragraph 4(a) of Part A and substituting the words “sixty days after the date of the despatch of the offer or such later date as the Registrar may in a competitive situation or in special circumstances allow”;

by deleting the words “seven days” in paragraph 4(b) of Part A and substituting the words “fourteen days from the date on which the offer would otherwise have expired”;

by inserting, immediately below paragraph 4(b) of Part A, the following words:“Where the offer becomes or is declared unconditional as to acceptances on or by an expiry date and the offeror corporation has given at least fourteen days’ notice in writing to the shareholders of the offeree company that the offer will not be open for acceptance beyond that date, the offer need not remain open for acceptance for the further period specified in sub-paragraph (b). No such notice may be given between the time when a competing offer has been announced and the resultant competitive situation has ended.”;

by deleting the words “prior to notice of the scheme being given to the offeree corporation” in paragraph 6(c) of Part B; and

by deleting paragraph 1 of Part C and substituting the following paragraph:“1. The statement shall indicate whether or not the board of directors of the offeree company recommends to shareholders the acceptance of take-over offers made, or to be made, by the offeror company under the take-over scheme.”.