“The distribution in cash to NXE shareholders of at least 60% of...

“The distribution in cash to NXE shareholders of at least 60% of the sale proceeds net of transaction costs isconsidered, in all the circumstances."

"NXE willreceive after closing 40% of the net sale proceeds (around AUS$2.6 million to AUS$ 2.7 million)"

So who's paying the costs of the proposed transaction?

Also, when it's says "in all the circumstances" could this also include a pay-off to Arena, whilst NXE keeps their 40%, 2.6-2.7 million?