SCHEDULES

SCHEDULE 2Approved share incentive plans

Part 4Types of shares that may be awarded

Types of share that may be awarded: introduction

25

1

The requirements of the following paragraphs must be met with respect to any shares that may be awarded under a SIP—

  • paragraph 26 (shares must be part of ordinary share capital of certain companies),

  • paragraph 27 (requirement as to listing etc.),

  • paragraph 28 (shares must be fully paid up and not redeemable),

  • paragraph 29 (prohibited shares), and

  • paragraph 30 (only certain kinds of restriction allowed).

2

In this Part of this Schedule “eligible shares” means shares that may be awarded under the plan.