comply with the requirements of LR 10.4 (Class 2 requirements) for the transaction;
send an explanatory circular to its shareholders and obtain their prior approval in a general meeting for the transaction; and
ensure that any agreement effecting the transaction is conditional on that approval being obtained.
Note: LR 13 sets out requirements for the content and approval of class 1 circulars.
2If a listed company becomes aware of a matter described in (2) after the publication of a circular that seeks shareholder approval for a transaction expressly requiring a vote by the listing rules, but before the date of a general meeting, it must, as soon as practicable:
The matters referred to in (1) are