New Zealand Legislation: Regulations

4 Interpretation

• (1) In this notice, unless the context otherwise requires,—

  Act means the Takeovers Act 1993

  Code means the Takeovers Code under the Act

  K One W One means K One W One Limited

  meeting means the meeting of the shareholders of Phitek that is to be held on or about 14 November 2008 to consider whether or not to approve,—

  • (a) for the purposes of rule 7(c) of the Code, the TMT acquisitions; and

  • (b) for the purposes of rule 7(d) of the Code, the allotments of voting securities to K One W One, TMT, and VIF/TMT resulting from the rights issue and the exercise of options

  notice of meeting means the notice of meeting to be sent to the shareholders of Phitek in respect of the meeting

  options means options that are allotted under the rights issue

  Phitek means Phitek Systems Limited

  rights issue means the rights issue to be conducted by Phitek under a prospectus to be registered on or about 5 December 2008

  TMT means TMT Ventures Limited

  TMT acquisitions means the proposed acquisitions under which TMT, VIF/TMT, and Direct Management Investments Limited will each acquire a part of a parcel of 1 199 684 voting securities from Custodial Services Limited

  VIF/TMT means VIF/TMT Ventures Limited

  voting security means a voting security in Phitek.

  (2) In this notice, a reference to a person increasing voting control is a reference to the person becoming the holder or controller of an increased percentage of the voting rights in Phitek.

  (3) Any term or expression that is defined in the Act or the Code and used, but not defined, in this notice has the same meaning as in the Act or the Code.