Material contract

A contract which is material to the business of the group and which the Listing Rules (, Prospectus Rules ( or the City Code on Takeovers and Mergers ( (the Code) requires to be displayed or summarised in certain documents intended for publication (such as prospectuses ( , circulars, offer documents ( or defence documents). A material contract is broadly defined in the Code as a contract (not being a contract entered into in the ordinary course of business) entered into by any member of the group within the two year period preceding publication of the relevant document.

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