INSTRUCTIONS FOR COMPLETING PROXY FORMS
Common to both Cattles plc and Welcome Financial Services Limited.
These are the details inserted in the part completed forms on here.
If you want to use their form off the Cattles website please follow the following instructions:
Page 1: (marked page 3 on WFSL form) Do nothing
Page 2:
Box 1: Insert your full name in box 1 against name of Scheme Creditor and say that you are beneficial owner of shares held by and here insert the name of your nominee/trust if the shares are held in ISA, SIPP or otherwise by your brokers such as T D Waterhouse, Hargreaves Lansdown, Barclays stockbrokers, Charles Stanley or whoever.
Box 2: Insert your address.
Box 3: Insert your name or the name of another whom you would like them to contact about the proxy
Box 4: Insert an e mail address if you want them to contact you by e mail
Box 5: Insert a telephone number if you want them to contact you by telephone
Box 6: Insert a fax number if you want them to contact you by fax.
Page 3
I have deleted the alternates “we” and “will” in first line to say that you will not be attending the Scheme Creditor Meeting.
Part C Appointment of Proxy
Box 1: Insert Ian Barry Dearing a shareholder in Cattles plc.
In the box below “or failing him”
Just in case I cannot attend
Box 2: Chris Stroud- a shareholder in Cattles plc
In the box below “or failing him”
Note: Chris is a shareholder who is appointed as chairman of the Cattles Shareholders Association. He is not a lawyer but talks simple Lancashire sense
Box 3 insert another name if you wish somebody else to be an alternate proxy
I have deleted “our” and “us”. Joint holders can alter accordingly.
IMPORTANT
I have added, and if you use one of their forms you must add,
“ My signature on this form constitutes this being a letter of authority fro the proxy and alternate named above to attend the Creditors’ Meeting act and vote upon my behalf.”
Page 4:
In the box
Print your name
Add your position or status if you are signing on behalf of somebody else
SIGN where it says SIGNATURE
Date the form when you sign it
Page 5:
TICK the box below “PROXY HOLDERS DISCRETION”
Insert “The amendments proposed by Ian Barry Dearing as modified with his agreement”
This is to show that you are in favour of the amendments I propose and enable me to agree to amendments to them if that is appropriate to secure agreement with others and to correct the imperfections of my wording in the amended documents.
Page 6: Against or below box 1 for details: Insert
“As a shareholder/former shareholder in Cattles plc I am entitled to compensation and damages under FSMA 2000 for having acquired, held and or disposed of shares in Cattles plc on the basis of inaccurate and/or misleading information published by Cattles plc and its subsidiaries; negligence, breach of contract and equitable fraud.”
That information published since 2003 was inaccurate and/or misleading is admitted in the scheme documentation by the companies.
Against or below box 2: Insert
“ On or about 16 December 2010 when Cattles plc acknowledged for the purposes of the Schemes of arrangement that information published was misleading and/or inaccurate.”
That was the date when the papers presented to court containing the admission were first seen. Until then we suspected but did not know.
Against or below box 3: insert
“ A minimum of £1” against/below Principal. If you can put a figure on the amount of your loss feel free to insert it. Basically this figure should be your cost/acquisition value for the Cattles shares you own or held less 1p per share.
You can claim interest but at this time it is unnecessary to work anything out.
“Other constituent parts” does not apply to shareholder creditor claims.
Page 7
Against or below Box 4 insert:
“Cattles plc and the directors, former directors and other officers of Cattles plc and Welcome Financial Services Ltd”
This is to include all the groups who may have liability to pay compensation or damages for the losses sustained by shareholders.
Until the documentation is seen we cannot be precise as to whether all or any one or more of them have liability
Against or below Box 5 insert:
“Statute, common law and equity the basis of the actions set out in section 1 above”
This is the basis of the claims and they acknowledge claims may be made under statute and common law.
Against or below box 6 insert:
“No”
Against or below box 7 insert:
“Copy contract notes in relation to Cattles plc may be attached.
S793 notices and Register of Members of Cattles plc will confirm my interests.
My present holding is of ( insert the number of shares you hold ) shares in Cattles plc.”
You may attach details of your acquisitions and disposals which will provide evidence of your right to claim and the amount of your losses. It is not essential to do this at this stage.
They have details of all registered shareholders and information from nominee companies as to who is the beneficial owner of shares held by them after exercising a statutory right to information from those companies.
Pages 8 to 11:
Need nothing doing with them but are an integral part of the form of proxy.
SEND SIGNED AND COMPLETED FORMS OF PROXY to:
Ian B DEARING
Stanley House
Lowergate
Clitheroe BB7 1AD
To arrive before close of play on 31 January 2011.
IF YOU ARE IN ANY DOUBT PLEASE USE THE “CONTACT US” PAGE
