Clause 12

by deleting the words “of any denomination” in regulation 36; and

by deleting regulation 40 and substituting the following regulation:“40. The company may from time to time by ordinary resolution do one or more of the following:

increase the share capital by such sum as the resolution shall prescribe;

consolidate and divide all or any of its share capital;

subdivide its shares or any of them, so however that in the subdivision the proportion between the amount paid and the amount, if any, unpaid on each reduced share shall be the same as it was in the case of the share from which the reduced share is derived;

cancel the number of shares which at the date of the passing of the resolution in that behalf have not been taken or agreed to be taken by any person or which have been forfeited and diminish the amount of its share capital by the number of the shares so cancelled.”.