9.    To authorise the Company generally and unconditionally to make market purchases of its ordinary shares of US$0.01 each provided that:

(i)     the maximum aggregate number of ordinary shares that may be purchased is 14.99 per cent. of issued share capital (excluding shares held in treasury as at the date of this Notice (32,238,422 shares));

(ii)    the minimum price which may be paid for each ordinary share is US$0.01;

(iii)   the maximum price (excluding expenses) which may be paid for each ordinary share is the higher of:

(a) 105 per cent. of the average market value of an ordinary share in the Company for the five business days prior to the day the purchase is made; and

(b) the higher of the price of the last independent trade and the highest current independent bid as stipulated by Regulatory Technical Standards adopted by the European Commission pursuant to Article 5 (6) of the Market Abuse Regulation; and

(iv)   the authority conferred by this resolution shall expire on 31 December 2022 or, if earlier, at the conclusion of the Company's next annual general meeting save that the Company may, before the expiry of the authority granted by this resolution, enter into a contract to purchase ordinary shares which will or may be executed wholly or partly after the expiry of such authority.