(1) The members of a company may require the company to circulate, to members of the company entitled to receive notice of a general meeting, a statement of not more than 1,000 words with respect to—
(a) a matter referred to in a proposed resolution to be dealt with at that meeting, or
(b) other business to be dealt with at that meeting.
(2) A company is required to circulate a statement once it has received requests to do so from—
(a) members representing at least 5% of the total voting rights
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