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Notices |
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Shareholders' Rights
The Company is incorporated under Israeli Law. The rights and responsibilities of shareholders wil be governed by the articles of association and by the Israeli law and may be different from the rights and responsibilities of shareholders in UK incorporated company.
Restrictions on the Transfer of Shares:
According to the Company's Articles of Association, any member may transfer all or any of his shares by submitting to the Company a written instrument of transfer in any customary form or in any other form satisfactory to the Board, together with the share certificate(s) or such other evidence of title as the Board may reasonably require. The Board has absolute discretion to refuse to register a transfer of any share which is not fully paid up or upon which the Company has a lien without giving a reason, but they must provide the transferee with a notice of the refusal within two months after the date on which the transfer was lodged. Such discretion may not be exercised to prevent dealings in such shares taking place on an open and proper basis.
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Metal-Tech 2007© |
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