BP (BP)

Refusal to recognise instruments of transfer

47     The Directors may decline to recognise any instrument of transfer unless the instrument of transfer is in respect of only one class of share and is lodged at the Transfer Office accompanied by the relevant share certificate(s) and such other evidence as the Directors may reasonably require to show the right of the transferor to make the transfer (and, if the instrument of transfer is executed by some other person on his behalf, the authority of that person so to do). In the case of a transfer by a Financial Institution the lodgment of share certificates will only be necessary if and to the extent that certificates have been issued in respect of the shares in question.

Refusal
to recognise instruments of transfer

47     The
Directors may decline to recognise any instrument of transfer unless the instrument of transfer is in respect of only one class of
share and is lodged at the Transfer Office accompanied by the relevant share certificate(s) and such other evidence as the Directors
may reasonably require to show the right of the transferor to make the transfer (and, if the instrument of transfer is executed by
some other person on his behalf, the authority of that person so to do). In the case of a transfer by a Financial Institution the
lodgment of share certificates will only be necessary if and to the extent that certificates have been issued in respect of the
shares in question.