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Hansen Technologies Provides Share Purchase Plan Offer Booklet

07 Jul 2017  |  11:04:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Share Purchase Plan Offer Booklet

Hansen Technologies provided share purchase plan offer booklet. The SPP is being conducted in conjunction with its placement which was announced on 3 July 2017. Under the placement 10.8m shares at $3.70 will be issued to sophisticated investors raising $40m. The Company has recently entered into an agreement to acquire Enoro Holding AS (Enoro), a Nordic market provider of Customer Information Systems and Meter Data Management Systems for the energy sector. The SPP allows each Eligible Shareholder to subscribe for up to $5,000 worth of additional shares in the Company without participants being required to pay brokerage or other costs that would normally apply to an on-market purchase of shares.

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