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The Companies Acts 1948 to 1983

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The Companies Acts 1948 to 1983 THE COMPANIES ACTS 1948 TO 1983 THE COMPANIES ACT 1985 AND THE COMPANIES ACT 2006 A PUBLIC COMPANY LIMITED BY SHARES ARTICLES OF ASSOCIATION of AIREA plc (Adopted by Special Resolution passed on 6th November 2009) Table A 1. The regulations contained in Table A to any Companies Act or Companies (Consolidation) Act prior to the Companies Act 1985 or the Companies Act 2006 and the regulations contained in Table A of The Companies (Tables A to F) Regulations 1985 shall not apply to the Company and these Articles alone shall constitute the regulations of the Company. Interpretation 2. In these Articles, unless the subject or context otherwise requires: 2.1 the following words have the following meaning: “these Articles” these Articles of Association, whether as originally adopted or as from time to time altered by special resolution “associated company” has the meaning given in section 256 of the Companies Act 2006 “the Auditors” the auditors for the time being of the Company “authenticated” has the meaning given in section 1146 of the Companies Act 2006 “Company” AIREA plc “Companies Act 1985” the Companies Act 1985 (as amended from time to time) “Companies Act 2006” the Companies Act 2006 (as amended from time to time) “connected” in relation to a director of the Company has the meaning given in section 252 of the lds_003\2050597\6 20 October 2017 turnersa Companies Act 2006 “the Directors” the directors for the time being of the Company or any of them duly acting as the board of directors of the Company “electronic address” any address or number used for the purposes of sending or receiving documents or information by electronic means “electronic copy”, “electronic have the meaning given in section 1168 of form” and “electronic means” the Companies Act 2006 “FSA” the Financial Services Authority in its capacity as the competent authority for the purposes of Part VI of the FSMA “FSMA” the Financial Services and Markets Act 2000 (as amended from time to time) “Group” the Company and its subsidiaries “hard copy” and “hard copy form” have the meaning given in section 1168 of the Companies Act 2006 “London Stock Exchange” London Stock Exchange Plc “member” has the meaning given in section 22 of the Companies Act 1985 and includes, where relevant and subject to section 145 of the Companies Act 2006 and to the provisions of these Articles any person nominated in accordance with these Articles to enjoy or exercise a member’s rights in relation to the Company “month” calendar month “ordinary resolution” has the meaning given in section 22 of the Companies Act 2006 “participating security” a share, class of share, right of allotment of a share or other security, title to units of which is permitted to be transferred by means of a relevant system in accordance with the Uncertified Securities Regulations “the Register” the register of members of the Company “Registered Office” the registered office of the Company “relevant system” as defined in the Uncertified Securities Regulations, being a computer-based system and procedures which enable title to units of a security to be evidenced and lds_003\2050597\6 20 October 2017 turnersa transferred without a written instrument “the Seal” the common seal (if any) of the Company “special resolution” has the meaning given in section 283 of the Companies Act 2006 “the Statutes” the Companies Acts as defined in section 2 of the Companies Act 2006 and every other statute, order, regulation, instrument or other subordinate legislation for the time being in force relating to companies and affecting the Company “takeover offer” an offer to all of the holders, or to all the holders other than the offeror and his nominee of shares in the Company, to acquire such shares or a specified proportion or number of shares, or to all of the holders, or to all of the holders other than the offeror and his nominee of a particular class of those shares, to acquire the shares of that class or a specified proportion or number of that class “the Transfer Office” the place where the Register is situated for the time being “Uncertified Securities the Uncertified Securities Regulations 2001 Regulations” (as amended from time to time) “the United Kingdom” Great Britain and Northern Ireland “in writing” hard copy form or to the extent agreed (or deemed to be agreed by a provision of the Statutes and as permitted by any applicable rules or regulations) electronic form or website communication “year” calendar year 2.2 the expression "clear days" in relation to a period of a notice means the number of days referred to excluding the day when the notice is given or deemed to be given and the day of the meeting and “given” means served or delivered in accordance with Article 182; 2.3 the expression “working day” in relation to a period of notice means any day other than Saturday, Sunday and Christmas Day, Good Friday or any day that is a bank holiday under the Banking and Financial Dealing Act 1971 in the part of the UK where the Company is registered; 2.4 the expressions "debenture" and "debenture-holder" respectively include "debenture stock" and "debenture stockholder"; 2.5 the expression "duly certified copy" when used in relation to a power of attorney shall mean a copy of such power which complies with the provisions of section 3 lds_003\2050597\6 20 October 2017 turnersa of the Powers of Attorney Act 1971 or such other certification method or procedure as the Directors shall accept; 2.6 the expression "dividend" includes bonus; 2.7 the expression "executed" includes any mode of execution recognised by law in respect of the document in question; 2.8 the expression "paid up" includes credited as paid up; 2.9 the expressions “recognised clearing house” and “recognised investment exchange” have the meanings given to them by section 285 of FSMA; 2.10 the expression "Secretary" includes (subject to the Statutes) any assistant or deputy Secretary of the Company appointed pursuant to Article 139 and any person duly appointed by the Directors to perform any of the duties of the Secretary of the Company and, where two or more persons are duly appointed to act as joint secretaries, or as joint assistant or deputy secretaries, of the Company, includes any one of those persons; 2.11 the expression "transfer" includes any procedure authorised by the Statutes for transferring title to securities without a written instrument; 2.12 all of the provisions of these Articles which are applicable to paid up shares shall apply to stock and to securities as defined by the Uncertificated Securities Regulations, and the word "share" and "shareholder" shall be construed accordingly; 2.13 words importing the singular number only shall include the plural number, and vice versa; 2.14 words importing the masculine gender only shall include the feminine gender; 2.15 words importing persons shall include corporations; 2.16 references to particular provisions of any of the Statutes or any other Act shall be construed as references to those provisions and every statutory modification or re-enactment thereof for the time being in force; 2.17 subject as aforesaid, any words or expressions defined in the Companies Act 1985 or the Companies Act 2006 shall, if not inconsistent with the subject or context, bear the same meaning in these Articles; 2.18 the provisions of the Statutes relating to sending documents apply where any provision in these Articles uses the words “sent”, “supplied”, “delivered”, “provided”, “given”, “produced”, “circulated” or any derivation of those words; and 2.19 the marginal notes (if any) and headings are inserted for convenience only and shall not form part of, or affect the construction of, these Articles. Business and registered office 3. Any branch or kind of business which by the Memorandum of Association of the Company, or these Articles, is either expressly or by implication authorised to be undertaken by the Company may be undertaken by the Directors at such time or times as they shall think fit and, further, may be suffered by them to be in lds_003\2050597\6 20 October 2017 turnersa abeyance, whether such branch or kind of business may have been actually commenced or not, so long as the Directors may deem it expedient not to commence or proceed with such branch or kind of business. 4. The Registered Office shall be at such place in England or Wales as the Directors shall from time to time decide. Share capital 5. The capital of the Company at the time of the adoption of these Articles is £18,000,000 divided into 72,000,000 ordinary shares of 25 pence each. 6. Without prejudice to any special rights previously conferred on the holders of any existing shares or class of shares, any shares in the capital of the Company for the time being may, subject to the provisions of the Statutes, be allotted with such special rights, privileges or restrictions as the Company in general meeting may (before the allotment of such shares) from time to time by ordinary resolution determine and in particular any such shares may be allotted with a preferential, deferred or qualified right to dividends or to the distribution of assets and with a special or qualified or without any right of voting and (subject to the provisions of the Statutes) on the terms that they are, or at the option of the Company are to be liable, to be redeemed on such terms and in such manner as the Company in general meeting may by special resolution (before the allotment of such shares) determine.
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