Iba – Launch of a New Share Buyback Program

Immediate Release – June 29^th, 2021

Louvain-la-Neuve, Belgium, June 29^th, 2021 - Ion Beam Applications SA (IBA) announces today the launch of a new share buyback program, effective as of June 30^th, 2021, in application of article 7:215 of the Belgian Companies and Associations Code.

By decisions of the Board of Directors dated December 18^th, 2020 and June 9^th, 2021, taken pursuant to the authorization given by the EGM of March 10^th 2020, IBA launched a program to buy back own shares through a market intermediary under the terms of a discretionary mandate. This program covers a maximum of 250.000 ordinary shares and, depending on market conditions, will be executed over a maximum period of 6 months, i.e. until December 30^th, 2021. Its objective is to cover the company’s obligation of shares delivery as part of a long-term incentive plan granted to certain employees in 2021 in the form of stock options.

IBA will continuously monitor its current and future obligations under its incentive plans in order to maintain an adequate level of treasury shares.

IBA SA currently holds 831.221 treasury shares (directly and indirectly through its subsidiary IBA Investments SCRL), representing 2,76% of its share capital.

Contact person
IBA
Christian Matton,
Chief Legal Officer
christian.matton@iba-group.com

Attachment

• Press release EN 20210629 - CLEAN