IT recruiter Networkers International said it has received acceptances from investors holding 71.26% of the shares of MSB International for its recommended £15m cash offer.

The 71.26% figure, calculated at 1pm on Monday, includes 42.73% which had previously given irrevocable acceptances.

Networkers has now extended the offer to 1pm on 27 November. It needs 75% acceptances to make the offer unconditional.

Peter Flaherty, who owns about 14% of MSB, was not among those accepting the offer. His firm, Keyman Personnel, was set to buy MSB, before it was outbid by Networkers.