19.9% takeover threshold

So now Perrin and Matheison each own 21% of WDR?

Hang on a minute, if these two have exceeded the 19.9% threshold, should they not be forced to launch a takeover?

There is a rule tht they can acquire an additional 3% every six months without triggering a TO but I would've thought this initial breach of the threshold would also trigger it.

Any peeps out there across the technicalities of the TO rules?

Are we now staring down the barrell of a new bid?