Circular to shareholders relating to:

• The consolidation of the existing share capital of the company;
• the conversion of the existing share capital of the company consisting of par value shares into no
• par value shares;
• an increase in the authorised share capital of the company by way of the creation of convertible
• preference shares and the subsequent conversion thereof into ordinary shares with no par value;
• a specific issue of shares for cash;
• a general authority to issue shares for cash;
• the adoption of new articles of association of the company;
• a mandatory offer to minority Samroc shareholders (“the mandatory offer”) following a change of
• control pursuant to the specific issue of shares for cash;