Mr. Michael Farrell:

There was pressure to finalise the process on the weekend mentioned by the CEO of the HEA. A total of 40 documents were concluded on the Monday morning of 21 November when this was completed. That is the complexity to which we were referring and there was no advance notice. The control of the company was signed over from the members of the IMI to UCC, there was an asset purchase and a lot of legal documentation was negotiated over a two-year period. It was difficult to get across the complexity of that in the space of ten minutes. It does not mean anything inaccurate was said.