TNAG-1773-FCO40-2525-Hong-Kong-Exchange-Fund-Hong-Kong-Futures-Exchange-Limited--1988 — Page 22

SECURITIES (DISCLOSURE OF INTERESTS)

Ord. No. 63/88

A339

"number", in relation to shares, includes amount, where the context admits

of the reference to shares being construed to include stock; "officer", in relation to a corporation, includes a director, manager or

secretary;

"register of interests in shares" means the register kept in pursuance of section 16 including, except where the context otherwise requires, that part of the register kept in pursuance of section 19;

"regulations" means regulations made under section 53;

"relevant share capital" means the listed company's issued share capital of a class carrying rights to vote in all circumstances at general meetings of the company;

"securities" means securities as defined in section 2 of the Securities (Cap. 333)

Ordinance;

"shadow director" means a person in accordance with whose directions or instructions the directors of a corporation are accustomed to act:

Provided that a person shall not be deemed to be a shadow director by reason only that the directors act on advice given by him in a professional capacity;

"shares" means shares in the share capital of a corporation, and includes stock except where a distinction between stock and shares is express or implied; "subsidiary" means any company which is a subsidiary within the meaning

of section 2(4), (5) and (6) of the Companies Ordinance; "Unified Exchange" means the stock market established under section 27 of

the Stock Exchanges Unification Ordinance.

(Cap. 32)

(Cap. 361)

(2) In this Ordinance securities are deemed to be listed on the Unified Exchange when the Unified Exchange has, on the application of the company which issued the securities, or on the application of any holder of the securities, agreed to allow, subject to the requirements of the Securities (Cap. 333) Ordinance, dealings in those securities to take place on the Unified Exchange, and notwithstanding that dealings in such securities have been suspended, they shall continue to be deemed to be so listed throughout such suspension.

(3) For the purposes of paragraph (b) of the definition of "associated corporation" in subsection (1) the information referred to in that paragraph shall be deemed to have been stated in, or in a note on, or statement annexed to, the accounts on the day on which the company commences to send out copies of the accounts to its members under section 129G of the Companies (Cap. 32) Ordinance; and to have ceased to have been so stated, on the day on which the company commences so to send out copies of the accounts, being accounts from which such information is omitted, in any subsequent financial year of the company.

(4) Where a listed company's share capital is divided into different 1985 c. 6, classes of shares, references in this Ordinance to a percentage of the nominal s. 198(2) value of its relevant share capital are to a percentage of the nominal value of the issued shares comprised in each of the classes taken separately.