(a) The General Assembly of the
securities holders must approve a separate resolution of the rights or options through a majority of disinterested securities holders;
(b) It must be implemented, exercised and/or allocated separately from the process of the related offering of
securities, i.e. either before or after the offering period; and
issuers under formation, the implementation, exercising and or allocation of the required securities must take place only after the publication of the issuer's incorporation order in the Official Gazette.