June 12, 2015
Hansen Technologies Limited (Company) is pleased to announce that its recent Share Purchase Plan (SPP) offer to eligible shareholders received applications for a total value of approximately A$12 million. The SPP allowed eligible shareholders to subscribe for new fully paid ordinary shares in the Company at an issue price of A$2.17 each. The Company had originally planned to cap the amount raised to $A10million, and accordingly the SPP was oversubscribed by approximately A$2 million.
The Company is delighted at the support shown by shareholders in their response to the SPP, and to accommodate this demand, the Company does not intend to scale back any eligible application. Accordingly the amount raised under the SPP will be approximately A$12 million.
As advised in the SPP offer document, the issue date of the new shares remains Wednesday, 17 June 2015. Any shareholder queries should be directed to the Company’s share registry, Link Market Services on: Tel: 1800 500 095.
About Hansen Technologies Limited
Hansen Technologies (ASX: HSN) is a global provider of customer care & billing, and meter data management software solutions for utilities (electricity, gas and water), Pay TV and telecommunications companies.
The Hansen family of products, which has grown since 1971, includes: HUB, ICC, NirvanaSoft, Peace, Banner, naviBilling and Utilisoft. Hansen’s unique approach to best-fit solutions leverages its proprietary product sets to develop, deliver, and support high value solutions for clients globally. In addition Hansen also offers outsourcing and facilities management services from purpose built facilities. Hansen has offices in Australia, USA, New Zealand, China, Denmark, Germany, Argentina and the United Kingdom.