HANSEN TECHNOLOGIES LIMITED — M&A Activity 2017

Jul 11, 2017

ASX/Media Release

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12 July 2017

Successful completion of Enoro acquisition

Hansen Technologies Limited (ASX: HSN), a leading global provider of billing and customer care solutions, is pleased to announce the successful completion of the acquisition of Enoro Holding AS (“Enoro”).

On 3 July 2017, Hansen announced the acquisition of Enoro for an enterprise value of A$96m (NOK 620m[1] ). All conditions precedent to closing the acquisition have been satisfied and completion of the transaction has occurred. The acquisition will be effective from 1 July 2017.

Hansen’s CEO, Andrew Hansen, said “I am delighted the acquisition of Enoro has successfully concluded, and would like to thank all staff of Enoro for their enthusiasm and support since we announced the acquisition.”

For further information:

Andrew Hansen Chief Executive Officer +61 3 9840 3000

Niv Fernando Chief Strategy & Commercial Officer +61 3 9840 3000

About Hansen

Hansen Technologies (ASX: HSN) is a leading global provider of Customer Information Systems and Data Management systems to four industry verticals: Energy, Pay-TV, Telecommunications and Water. With over 40 years’ experience, Hansen will have 1,000 staff spread globally and more than 500 customer installations worldwide following the acquisition of Enoro. We enable our customers to streamline and optimise critical billing and operational processes, manage and analyse consumption data and improve their customers’ experience.

1. Based on an AUD/NOK (Norwegian Krone) exchange rate of 6.43.

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