s 334 Application to class meetings
(1) The provisions of this Chapter apply (with necessary modifications) in relation to a meeting of holders of a class of shares as they apply in relation to a general meeting. This is subject to subsections (2) to (3) . (2) The following provisions of this Chapter do not apply in relation to a meeting of holders of a class of shares— (a) sections 303 to 305 (members' power to require directors to call general meeting), . . . (b) section 306 (power of court to order meeting) , and (c) sections 311(3), 311A, 319A, 327(A1), 330(A1) and 333A (additional requirements relating to traded companies). (2A) Section 307(1) to (6) apply in relation to a meeting of holders of a class of shares in a traded company as they apply in relation to a meeting of holders of a class of shares in a company other than a traded company (and, accordingly, section 307A does not apply in relation to such a meeting). (3) The following provisions (in addition to those mentioned in subsection (2)) do not apply in relation to a meeting in connection with the variation of rights attached to a class of shares (a “variation of class rights meeting”)— (a) section 318 (quorum), and (b) section 321 (right to demand a poll). (4) The quorum for a variation of class rights meeting is— (a) for a meeting other than an adjourned meeting, two persons present holding at least one-third in nominal value of the issued shares of the class in question (excluding any shares of that class held as treasury shares); (b) for an adjourned meeting, one person present holding shares of the class in question. (5) For the purposes of subsection (4), where a person is present by proxy or proxies, he is treated as holding only the shares in respect of which those proxies are authorised to exercise voting rights. (6) At a variation of class rights meeting, any holder of shares of the class in question present may demand a poll. (7) For the purposes of this section— (a) any amendment of a provision contained in a company's articles for the variation of the rights attached to a class of shares, or the insertion of any such provision into the articles, is itself to be treated as a variation of those rights, and (b) references to the variation of rights attached to a class of shares include references to their abrogation.