text: **18. Contributed Equity (continued)**
  
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              [html]<thead><tr><td>18. Contributed Equity ( continued )</td></tr></thead><tbody><tr><td>( e ) Maximum number of shares that may be acquired under share and option schemes</td></tr><tr><td>The aggregate number of :</td></tr><tr><td>( i ) shares issued under and for the time being substanding and subject to the terms of each employee share plan of the Company ; and</td></tr><tr><td>(( i ) unissued shares to which options are gorited and for the time being outstanding under any employer or executive share option plan of the Company ;</td></tr><tr><td>cannot exceed 5 % of the issued shares of all classes of the Company.</td></tr><tr><td>( f ) Reset convertible preference shares redemption and buy - back</td></tr><tr><td>3. It ’ d Spentester ( 36 %, though a rederption and by task anargenet, the Simpany condided thatritis ( 330.80 ment convertilial perference, shoure, or sture at 3 time, 240.82.83.82.83.82.83.82.83.82.64.94.95 menterials or value ande</td></tr><tr><td>( g ) Redeemable convertible preference shares</td></tr><tr><td>Bn 30 September 2004, the Company Issued 6.000.000 redeemable convertible preference shares at $ 2000 each, which resulted in an annuart of SMIIU, 000 being crefited to the Company ’ s capital account before deducting the costs of issue.</td></tr><tr><td>Under the terms of the redemption and buy - but, those shareholders whose resext convertible preference shares were rederened at foce value and reinvected in redeemable convertible perference shares were entitled to a 55.30 per share sh</td></tr><tr><td>Redeemable convertilies preference shareholders receive a flasting perferential, non - consultive dividersd which incorporates for vialue of franing crefts ( i. e., it is on a greater ), and the fland 80 Sawp for 30 day follow ( follow ). p</td></tr><tr><td>( i ) on a proposal :</td></tr><tr><td>( 1 ) to reduce the share capital of the Company ;</td></tr><tr><td>( 2 ) that affects rights attached to the redeemable convertible preference shares ;</td></tr><tr><td>( 3 ) to wind up the Company ; or</td></tr><tr><td>( 4 ) for the disposal of the whole of the property, business and undertaking of the Company ;</td></tr><tr><td>( ii ) on a resolution to approve the terms of a buy - back agreement ;</td></tr><tr><td>(( in ) during a period in which a dividend or part of a dividend on the redernable convertible preference shares is in arreas ; or</td></tr><tr><td>( iv ) during the winding up of the Company.</td></tr><tr><td>3s the event of the winding up of the Company, redeemable convertible preference shares will, rark for requyment of capital behind all creditions of the Company, but alread of the ordinary class shares.</td></tr><tr><td>The redemable convertible preference shares may, at the sale discretion of the Company, be converted into ordinary class shares and / or exchanged.</td></tr><tr><td>( h ) Restricted shares</td></tr><tr><td>In the IIIs apprisiment as “ doesn ’ t facestive them is. It ’ s Reventies at the IIIs the IIIs the IIIs the IIIs and the III the III the III the III the III the III the III the III the III touth II the III toutory AII the III to the III to the III the III top</td></tr></tbody>
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