ADOPTION OF NEW MEMORANDUM AND ARTICLES OF ASSOCIATION
The directors of the Company hereby give notice of a general meeting of the Company, to be convened and held at Hackney Tennis Pavilion, 3 Queen Elizabeth’s Walk, London N16 0BF at 6.30 pm on 4 May 2017, for the purpose of passing the following resolution as a special resolution.
THAT the memorandum and articles of association contained in the document attached to this Resolution and initialled for the purposes of identification be and hereby are approved and adopted as the new memorandum and articles of association of the Company (the “New Memorandum and Articles”) in substitution for and to the entire exclusion of the existing memorandum and articles of association.
The directors recommend to the members the passing of this resolution so that both the Memorandum of Association and the Articles of Association better reflect the provisions of the Companies Act 2006 and subsequent revisions. The new Articles remove some unnecessary provisions regarding directors’ prior approval of members and will clarify voting rights and procedures.
The revisions also take account of the new statutory requirements regarding directors’ conflicts of interest.