26 Nov 2013 10:05
For release: 26 November 2013
Hansteen Holdings PLC
("Hansteen" or the "Company")
Acquisition of Minority Interest in Hansteen Ormix BV
Hansteen Holdings PLC (the "Company") today announces that it has issued 365,000 new ordinary shares in the Company in consideration for the acquisition of the 25 per cent. of Hansteen Ormix BV, it's Dutch subsidiary, that it does not already own. These shares will rank pari passu with the existing ordinary shares in issue.
Application has been made for these shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange, which is expected on 29 November, 2013.
The number of ordinary shares in issue following this notification is 640,248,250 and this figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
For further information:
Ian Watson / Morgan Jones Jeremy Carey / Faye Walters
Hanteen Holdings PLC Tavistock Communications
Tel: 020 7408 7000 Tel: 020 7920 3150