$60.7m takeover

The Offer, and any contract resulting from its acceptance, is subject to the conditions set out below.
(a)Minimum acceptance condition
During or at the end of the Offer Period, LG has a Relevant Interest in at least 90% (by number) of all of the RNC Shares.
(b)No other outstanding securities
At the end of the Offer Period, there are no securities on issue in RNC other than 131,096,373 Shares and there are no outstanding offers,agreements or rights to be issued with Shares or other securities.



Maths was never really my strong point,however how does an offer to buy 131,096,373 @37c equate to $60.7 million dollars?