LISTING RULE IMPLICATIONS. As at the date of this announcement, Scud Stock is owned as to 70% by ▇▇. ▇▇▇▇, the controlling Shareholder. Scud Stock is therefore a connected person of the Company under the Listing Rules and accordingly, the Leases under the Lease Agreements constitute continuing connected transactions of the Company and, in light of the size of the annual cap, are only subject to the reporting, announcement and annual review requirements under Chapter 14A of Listing Rules.
Appears in 1 contract
Sources: Lease Agreement
LISTING RULE IMPLICATIONS. As at the date of this announcement, Scud Stock is owned as to 70% by ▇▇. ▇▇▇▇, the controlling Shareholder. Scud Stock is therefore a connected person of the Company under the Listing Rules and accordingly, the Leases Lease under the Lease Agreements constitute Agreement constitutes a continuing connected transactions transaction of the Company and, in light of the size of the annual cap, are is only subject to the reporting, announcement and annual review requirements under Chapter 14A of the Listing Rules.
Appears in 1 contract
Sources: Lease Agreement