(1) The circular next mentioned shall accompany the notice given to the members of the participating issuer of the meeting (the "relevant meeting") at which it is proposed to pass the special resolution referred to in section 4(1), namely, a circular containing at least the following particulars, in addition to any particulars that may be required under the rules of the trading venue on which the relevant participating securities in the participating issuer are listed or admitted to trading:

(a) an explanation of the proposed migration and -

(i) of how it will affect the rights of members of the participating issuer, and

(ii) that the consent that is enabled to be given by the participating issuer, in relation to relevant participating securities under this Act, is a consent to the migration of those securities to take effect on the live date appointed under section 12(5);

(b) an explanation of -