Hansteen has placed £40m in new shares in a move to finance future investments.
The company issued 35,714,286 shares at a price of 112p per share. This was a discount of 2.3% on the previous closing price on 26 August.
The new placement is equivalent to about 5.2% of the share capital in Hansteen before today’s sale.
Peel Hunt acted as bookrunner.
