Obligations of directors

1. When directors (or their close relatives or the related trusts of any of them) sell shares to a person (or enter into options, derivatives or other transactions) as a result of which that person is required to make an offer under Rule 9.1, the directors must ensure that as a condition of the sale (or other relevant transaction) the person undertakes to fulfil its obligations under the Rule.

2. Except with the consent of the Panel, such directors should not resign from the board until Day 21 or the date when the offer becomes unconditional, whichever is the later.