Andrew Hansen completes a $37.8m block trade of 7 million shares in Hansen Technologies (ASX:HSN)

Henslow is pleased to have acted as corporate broker to Andrew Hansen to manage the sale of 7 million shares in Hansen Technologies (ASX:HSN) held by the family, following the Company reporting its FY23 results. This block trade represented a $37.8m slice in the company after market close on Tuesday 29 August 2023. The share sale was decided in response to strong investor demand received following the release of the Company’s FY23 Results on 23 August 2023 and enables supportive investors to establish a sizeable position in Hansen in addition to enhancing the stock’s liquidity and free float.

Hansen Technologies is an ASX-listed global software and services provider to the energy, water/utilities and telecommunications industries. They design and implement industry-specific software that enables energy and communications service providers to bring products to market and engage meaningfully with customers.

This is the first equity capital markets transaction Henslow has conducted for Andrew Hansen and Hansen Technologies and we look forward to continuing to support the Company as a leading global provider of software and services to the energy, water and communications industries.

We look forward to maintaining a strong relationship with Andrew Hansen and Hansen Technologies (ASX:ASN) moving forward.