SCHEDULES
SCHEDULE 3Meaning of associated undertaking
7
The reference in paragraph 5 to an interest in shares includes—
(a)
an interest which is convertible into an interest in shares, and
(b)
an option to acquire shares or any such interest;
and an interest or option falls within paragraph (a) or (b) notwithstanding that the shares to which it relates are, until the conversion or the exercise of the option, unissued.