IBA Strengthens Entrepreneurial Foundation Through Share Sale to Management Anchorage

Ion Beam Applications SA IBA ( (GB:0GZK) ) just unveiled an announcement.

IBA has confirmed the completion of a transaction involving the sale of 633,000 IBA shares to Management Anchorage at 13.46 euros per share. This strategic move allows Management Anchorage to hold a 21% stake in Sustainable Anchorage and aims to solidify the entrepreneurial foundation of IBA by enabling a new generation of executives to gain significant indirect ownership. Sustainable Anchorage continues to be the primary reference shareholder of IBA, holding 20% of the shares and 30% of the voting rights, with a pledge granted to IBA on 981,530 shares to ensure Management Anchorage’s obligations are met.

More about Ion Beam Applications SA IBA

IBA (Ion Beam Applications S.A.) is a leading company in particle acceleration technology, primarily offering equipment and services for proton therapy, industrial sterilization, radiopharmacy, and dosimetry. Based in Louvain-la-Neuve, Belgium, IBA employs approximately 2000 people globally and is a certified B Corporation. The company is listed on the EURONEXT stock exchange.

YTD Price Performance: 0.60%

Average Trading Volume: 1,724

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €393.8M

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