Increase in Capital

21. The Company may, with the sanction of the Company previously given in general meeting, increase its capital to an amount not exceeding £100,000.

22. Any capital raised by the creation of new Shares shall be considered as part of the original capital, and shall be subject to the same provisions in all respects, whether with reference to the payments of calls, or the forfeiture of Shares, or non-payment of calls or otherwise, as if it had been part of the original capital.