IBA – Transparency Notification
February 05 2024 - 2:56PM
IBA – Transparency Notification
(Article 14, paragraph 1 of the
law of 2 May 2007 on the disclosure of major
holdings)
Louvain-la-Neuve, Belgium, February 5,
2024 18:00
Summary of the notification
IBA (Ion Beam Applications), the world’s leading
provider of proton therapy solutions for the treatment of cancer,
announces that it has to issue a transparency notification, in
accordance with Article 14, al. 1 of the Transparency Law of May 2,
2007 on disclosure of major holdings, further to the notification
received on February 1st, 2024.
In its notification, NS Partners Europe S.A.
indicated that it had passively crossed a threshold. Its total
shareholding in IBA SA and its shareholding in IBA shares with
voting rights had fallen below the 1% threshold on 27/10/2023.
Content of the notification
- Reason for the notification: Passive crossing of a
threshold
- Notification by: A parent undertaking or a controlling
person
- Persons subject to the notification
requirement:
- Date on which the threshold is crossed: 27/10/2023
- Threshold crossed (in %) : 1%
- Denominator : 40.595.290
- Notified details: (extract of the received notification
form)
- Full chain of controlled undertakings through which the
holding is effectively held
1. There is no natural person who directly or
indirectly hold a sufficient percentage of the voting rights or a
sufficient shareholding in thecapital of the company.
2. There is no natural person who control the
company by other means (e.g. right to appoint or revoke main
directors, veto rights, etc.).As a result, the ultimate controlling
persons are the board members: Mr. Paolo FARAONE, Mr. Christophe
LENTSCHAT, and Mr. Grégoire NOTZ.
NS Partners Europe S.A. acts as AIFM of the fund
Lux-Investment Professionals SICAV-FIS S.A.NS Partners Europe S.A.,
in agreement with Lux-Investment Professionals Sicav-FIS S.A.
prospectus and the AIFM Voting right policy may exercise the voting
rights on a discretionary basis, without specific instructions from
the unit holder of the fund.As relating to heading point 7., we
herewith would like to state that on January 25th 2024 NS Partners
received the notification on the two folded voting right impacting
several IBA holdings, which in factspotted our attention to an
insignificant transaction dated October 27th 2023, effectively
triggering the trespassing of the 1% threshold, and which in turn
resulted into a miscalculation in our controlprocesses.Having said
the above, we would like to note that as soon as the incoherency
has been identified, we have taken the necessary measure to prevent
such event occurs going forward. As a consequence we have
implemented additional controls in our risk system to ensure
appropriate compliance in the future.
About IBA
IBA (Ion Beam Applications S.A.) is the world
leader in particle accelerator technology. The company is the
leading supplier of equipment and services in the field of proton
therapy, considered to be the most advanced form of radiation
therapy available today. IBA is also a leading player in the fields
of industrial sterilization, radiopharmaceuticals and dosimetry.
The company, based in Louvain-la-Neuve, Belgium, employs
approximately 2.000 people worldwide. IBA is a certified B
Corporation (B Corp) meeting the highest standards of verified
social and environmental performance.
IBA is listed on the pan-European stock exchange
EURONEXT (IBA: Reuters IBAB.BR and Bloomberg IBAB.BB).More
information can be found at: www.iba-worldwide.com
For further information, please
contact:
Valérie Van
ImpeParalegal
+32479267809legal@iba-group.com
- 20240205-IBA-NS Partners Europe S.A_transparency EN
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