The takeover offer for all the shares and listed options in Jacka is scheduled to close on 18 March with a number of conditions which are set to doom the takeover, including a minimum 90% acceptance condition.
On Thursday Tangiers had received acceptances that would give it a 12.47% voting power in the company, according to Jacka.
Jacka said it expected the takeover offer to be unsuccessful, at which point any shareholder who had accepted the offer would continue to hold the shares.
Company
