London-listed Hansteen Holdings has announced that it proposes to raise gross proceeds of £150 mln (EUR 168 mln) - or £147 mln net of expenses) through the issue of 185 new shares. The Placing and Open Offer has been priced at 81p per New Ordinary Share.
London-listed Hansteen Holdings has announced that it proposes to raise gross proceeds of £150 mln (EUR 168 mln) - or £147 mln net of expenses) through the issue of 185 new shares. The Placing and Open Offer has been priced at 81p per New Ordinary Share.
The Placing and Open Offer is being carried out to allow Hansteen to take advantage of the continuing opportunities the company sees to buy predominantly industrial properties in the UK and Continental Europe. The Placing and Open Offer has been fully underwritten by Peel Hunt LLP.
Peel Hunt is acting as sponsor, broker and underwriter to Hansteen in relation to the Placing and Open Offer.
