The boards of Ocean Wilsons Holdings Limited and Hansa Investment Company Limited are pleased to announce that the recommended all-share combination of the two companies, with Hansa acquiring the entire share capital of Ocean Wilsons, has now completed.

Please find the announcement through the link below for full details:
https://www.londonstockexchange.com/news-article/HAN/scheme-of-arrangement-becomes-effective/17365712

Jonathan Davie, Chair of Hansa, commented:

“The Board of Hansa is delighted that the Combination with Ocean Wilsons has now been completed, creating a Combined Group which is expected to deliver a variety of benefits to its shareholders, including a simplified structure, greater scale, improved liquidity in the shares and a lower management fee rate. Hansa now looks ahead to the next chapter for the Combined Group, the deployment of capital in order to deliver long-term sustainable shareholder value and the implementation of the capital allocation policy which the Board believes will provide greater liquidity and enhance shareholder returns.”