My understanding is that it doesn't directly impact TCQ, but wouldn't mind someone else's take on it...
This link: Corporate Structure, describes the structure of TCQ as including a trust (Trinity Stapled Security Trust) and company (Trinity Limited).
Trinity Funds Management Limited is separate, but is the "responsible entity" for the group.
I wouldn't mind some clarification on the last sentence of the announcement: "TFML is also the responsible entity for Trinity Stapled Trust (TCQ), which is not part of this process."
It's a relatively complex structure, so a clearer explanation in the announcement would help :-)
TCQ Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held