(1) In this notice, unless the context otherwise requires,—
Act means the Securities Act 1978
Elson Ross means Elson Ross Funds Management Limited
initial offer period means the period referred to in clause 6(a)(ii)
initial subscription price means the price for any subscription for specified securities in the initial offer period
investment statement means the investment statement in relation to the offer of the specified securities
prospectus means the registered prospectus in relation to the offer of the specified securities
Regulations means the Securities Regulations 1983
specified securities means redeemable preference shares in Elson Ross to be offered to the public
subsequent subscription price means the price for any subscription for specified securities after the initial offer period.
(2) Any term or expression that is defined in the Act or the Regulations and used, but not defined, in this notice has the same meaning as in the Act or the Regulations.