You can sell all FFX shares between May 6 and Jun 6, But you need buy some FFX shares by Jun 4 and hold overnight, so you are assigned free LLL shares that are 1/1.4 of your FFX. Considering T+2, Better to buy FFX by Jun 4 and hold till Jun 7.
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LLL Demerger and Offer - Consolidated Thread, page-28
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