Common use of GEM LISTING RULES IMPLICATIONS Clause in Contracts

GEM LISTING RULES IMPLICATIONS. The Directors consider that each of the Supplemental Factoring Agreement (Customer G) and the Second Supplemental Factoring Agreement (Customer H) constitutes material change to the terms of its respective preceding agreements and the Company shall re-comply with the requirements under Chapter 19 of the GEM Listing Rules. As the highest applicable percentage ratio for the Company as calculated under Rule

GEM LISTING RULES IMPLICATIONS. The Directors consider that each of the Supplemental Factoring Agreement (Customer G) and the Second Supplemental Factoring Agreement (Customer H) constitutes material change to the terms of its respective preceding agreements and the Company shall re-comply with the requirements under Chapter 19 of the GEM Listing Rules. As the highest applicable percentage ratio for the Company as calculated under RuleRule 19.07 of the GEM Listing Rules in relation to the Factoring Agreements each exceeds 5% but is less than 25%, each of the Factoring Agreements constitutes a discloseable transaction for the Company under the GEM Listing Rules and is subject to the reporting and announcement requirements.