RE: Change of Constitution22 Nov 2025 15:26
"Although the Company’s ordinary shares trade on AIM, the Company is not subject to takeover regulation in the United Kingdom and The City Code on Takeovers and Mergers does not apply. However, the Company is, and is expected to remain, subject to provisions regulating takeovers under Australian law. The Company is incorporated under Australian law which does not impose limits on the ability to issue shares, whether on a pre-emptive basis or otherwise. However, the Company has agreed that it will not issue shares amounting to more than 15 per cent in any one year of its issued share capital following admission to AIM for cash otherwise than on a pre-emptive basis, without the prior approval of the Company in general meeting."