Ann: MQG: Macquarie offer to eligible unitholders, page-19

re: Ann: MQG: Macquarie offer to eligible uni... Yttium:

You are right the first action was to privately advised clients and yes it would take out some of the original subscribers to the IPO.

I think MQG could argue that unitholders who bought the units second hand ought to have been aware of the instalments and therefore have no recourse to MQG.

You ask a good question about extinguishing any legal rights against MQG. The announcement states that further information about the terms of the offer will be made available to eligible unit holders:

"Macquarie will despatch to Eligible Unitholders correspondence in relation to the Offer which includes an acceptance form. The correspondence despatched to Eligible Unitholders will contain the full terms of the Offer to acquire units from Eligible Unitholders."