Shareholding

Forgive me for being dense, but in terms of the old BSHL (now Zo Future Group), at what stage do they relinquish their majority shareholding of 51% of the football clubs holding company?

I’m sure behind the scenes all sorts of paperwork is in place to protect Knighthead, but surely there must be a long stop date for things to transfer over?

I remember that for them to keep the HK stock exchange listing they have to diversify their income so they can dispose of their BCFC shareholding, but on paper they still have ownership technically….

I just wondered if someone smarter than me can dumb it down for me…