1307

The Exchange may agree to an application by an issuer to delist from the Exchange if:—

(1) the issuer convenes a general meeting to obtain shareholder approval for the delisting; and
(2) the resolution to delist the issuer has been approved by a majority of at least 75% of the total number of issued shares excluding treasury shares and subsidiary holdings held by the shareholders present and voting, on a poll, either in person or by proxy at the meeting. The Offeror Concert Party Group must abstain from voting on the resolution.

Amended on 31 March 201731 March 2017 and 11 July 201911 July 2019.