Hansteen Holdings has announced the successful closing of its open share offer. The company said it received valid acceptances in respect of 120 million. This represents a take-up of approximately 67.4% of the 178 million shares offered.
Hansteen Holdings has announced the successful closing of its open share offer. The company said it received valid acceptances in respect of 120 million. This represents a take-up of approximately 67.4% of the 178 million shares offered.
The remaining 58.2 million shares, representing approximately 32.6% of the 178 million open offer shares, have been allocated to the institutional investors with whom they had been conditionally placed.
On 23 June 2009, Hansteen announced a share issue to raise gross proceeds of £200.8 mln - approximately £194.6 million net of expenses - through the issue of 267 million new ordinary shares by way of a placing and open offer at a price of 75p per share, fully underwritten by KBC Peel Hunt.
