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16 Oct 2008 18:01
16 October 2008
Hansteen Holdings plc
("Hansteen" or "the Company")
Directors' Dealings
Hansteen (AIM: HSTN), the investor in continental European real estate, announces that it was notified on 16 October 2008 of the following market purchases of its ordinary shares made by its joint chief executives on 16 October 2008:
|
Director |
Holding prior to purchase |
Percentage of issued share capital held prior to purchase |
Number of ordinary shares of 10p each purchased |
Purchase Price |
Percentage of issued share capital purchased |
Holding following purchase |
Percentage of issued share capital held following purchase |
|
M Jones |
2,830,001 |
1.59% |
133,000 |
75p |
0.07% |
2,963,001 |
1.66% |
|
I Watson |
2,830,001 |
1.59% |
133,000 |
75p |
0.07% |
2,963,001 |
1.66% |
For further information:
|
Ian Watson/Morgan Jones Hansteen Holdings plc Tel: 020 7016 8820 |
David Davies/Matt Goode KBC Peel Hunt Tel: 020 7418 8900 |
Jeremy Carey Tavistock Communications Tel: 020 7920 3150 |
Notes to editors:
Hansteen Holdings plc is a property company formed by Morgan Jones and Ian Watson, the founders and former directors of Ashtenne Holdings plc.
Hansteen focuses on investing in industrial properties in Continental Europe, which have higher yields, cheaper financing costs and greater opportunity for value improvement through asset management than can be achieved currently in the UK. It will also seek to profit from opportunistic acquisitions in other property sectors both in the UK and abroad.
Hansteen is listed on AIM, trading under the symbol HSTN.
HSTN.L (HSTN)
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