clearly stated on the first page of both announcements by SKE and PRG, but not in the SKE investor presentation.
"The SKILLED Board may declare a fully franked final dividend in respect of the year ending 30 June 2015 and a fully franked special dividend, which in aggregate must not exceed $0.25 per share. If SKILLED does declare such dividend(s) the cash consideration under the Scheme will be reduced by an equivalent amount. "