It is not actually mentioned and makes sense they would not as this is their best and final
But the actual notice is for a variation to their takeover offer and the variations are the amount and expiry date so I believe other terms still stand including that you would get any eventual higher offer.
NOTE:- This is not advice and anyone should make further enquiries before accepting to ensure you are covered if a higher offer materialises.
Notice to ASX only stated:-
TIO (NZ) Limited (New Zealand Company No. 3744171) (TIO) gives notice that its
takeover offers for all of the ordinary shares in Flinders contained in its bidder’s statement
dated 17 March 2016 are varied:
(a) by increasing the offer consideration from $0.013 to $0.025 for each Flinders
Share; and
(b) by extending the period during which the offer will remain open so that the offer
will now close at 7:00pm (Sydney time) on 6 June 2016 (unless extended or withdrawn)
Comments on Revised Takeover Bid, page-61
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