SCHEDULE 3 REGISTER OF SHAREHOLDERS
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8
1
This paragraph applies where the aggregate number of shares referred to in paragraphs 5 to 7 includes any shares to which attach rights expressed in two denominations.
2
In respect of each class of shares to which are attached rights expressed in two denominations, the number of shares of that class held by any person referred to in paragraph 5 or 6, or the number of bearer shares of that class referred to in paragraph 7, is to be taken to be the total of—
(3)In sub-paragraph (2)—
(a) N is the relevant number of larger denomination shares of that class;
(b) n is the relevant number of smaller denomination shares of that class; and
(c) p is the number of smaller denomination shares of that class that are equivalent to one larger denomination share of that class.
4
Nothing in these Regulations is to be taken as preventing the total arrived at under sub-paragraph (2) being expressed on the register as a single entry representing the result derived from the formula set out in that sub-paragraph.