FXX / LLL Demerger, page-93

It is interesting in Mike's last few interviews, and even Simon's interviews they mention the "Record Date" (singular).

Every demerger I've come across, they have 2 Record dates, one for the Entitlement Offer & one for the in-specie distribution. 9 out of 10 do the EO 1st, however I do know from speaking to them, we'll be doing the in-specie first, then the EO - which is the way it's written in several asx announcements.

Thinking about it, it's very possible they just have the same Record date for both. Do the in-specie distribution, then a few days later release the Prospectus for the EO showing the same Record date.

That would very much fit in with their statements the EO will be available to FFX shareholders and Leo shareholders can apply....