S.L. 386.26 Art. 13Protection of holders of securities.

The holders of securities, other than shares, in a Maltese company being divided, to which special rights are attached, shall be given rights against the Maltese company being divided in accordance with the draft terms of the cross-border division at least equivalent to those they possess prior to the division:

Provided that any dissenting holders of those securities shall be entitled to have their securities redeemed by the Maltese company being divided in accordance with regulation 12.