Following the sale, Union Steel will hold 640 million ordinary shares in Eneco energy or about 27.67% of the total number of shares in the company, and 680 million warrants in Eneco.
Union Steel has sold 40 million shares in Eneco Energy (SGX:R14
) for $460,000 by way of a married deal to an individual investor.
This is about 1.73% of the total number of shares in the company, for 1.15 cents per sale share negotiated on a willing-buyer and willing-seller basis.
