240. Amalgamation proposal

the name of the amalgamated company, if it is the same as the name of one of the amalgamating companies;

the registered office of the amalgamated company;

the full name and residential address of each of the directors of the amalgamated company;

the full name and address of the secretary of the amalgamated company;

the share structure of the amalgamated company, specifying—

the number of shares of the company;

the rights, privileges, limitations, and conditions attached to each share of the company, if different from those set out in subsection (2) of section 49;

the manner in which the shares of each amalgamating company are to be converted into shares of the amalgamated company;

if shares of an amalgamating company are not to be converted into shares of the amalgamated company, any consideration that the holders of those shares are to receive in place of shares of the amalgamated company;

any payment to be made to a shareholder or director of an amalgamating company, other than a payment of the kind described in paragraph (g) ;

details of any arrangement necessary to complete the amalgamation and to provide for the subsequent management and operation of the amalgamated company;

the date on which the amalgamation is intended to become effective.

shall provide for the cancellation of those shares without payment or the provisions of other consideration when the amalgamation becomes effective ;

shall not provide for the conversion of those shares into shares of the amalgamated company.