Can someone please tell me what’s going on?, page-38

This is a very complex area of tax law. In essence, because Firefinch holds less than 20.1% of LLL, an
in-specie distribution of those shares would not qualify for ‘demerger relief’ for taxation purposes. As
such, a distribution of LLL shares, and the subsequent payment of unfranked dividends from LLL,
would likely result in a double taxation event and a significant destruction of value in the hands of
shareholders.

Yes, very complex and probably dealt with by taxation experts every day.

Just do what you normally do, handball it to someone else, but this time don't burden the cleaner with any more tasks.