LR 6.8 Warrants or options to subscribe
1The total of all issued warrants to subscribe for equity shares or options to subscribe for equity shares must not exceed 20% of the issued equity share capital (excluding treasury shares) of the applicant as at the time of issue of the warrants or options.
1For the purpose of the 20% limit in LR 6.8.1R, rights under employees’ share schemes are not included.