What does the cryptic crossword clue "Admit defeat when other two lit bombs (5,2,3,5)" mean?

The wordplay uses an anagram. anagram of WHEN + OTHER + TWO + LIT = THROWINTHETOWEL The answer is THROWINTHETOWEL.

Admit defeat when other two lit bombs (5,2,3,5)

Daily Mail Cryptic #16420 | 1 Down | 2020-10-08 flower