Depends if funny handshakes work as well with them as with the sfa!!
Actually he would still go ahead with making his offer, its just that he only has to complete the takeover if 50% accept and the change in share ownership means that the Easedales etc will find it easier to keep acceptances below 50%. All a bit moot as current price is 36p so nobody will accept a 20p offer anyway.
The whole things going to run and run anyway as his contempt of court hearing (for not making the takeover offer) has today been put back to October by the Court of Session in Edinburgh due to "legal issues" - back to those handshakes again