SEMCO Technologies Completes €50 Million Share Sale

SEMCO Technologies has announced the successful sale of shares worth €50 million by its main shareholder, ECM Technologies. The transaction involved 1,111,111 shares sold to institutional investors at €45 per share through a private placement. This operation marks a 10.8% stake in the company's capital.

Chairman and CEO Laurent PELISSIER highlighted that the sale broadens company ownership among both existing and new international investors, supporting SEMCO's growth trajectory since its IPO. The demand from investors prompted ECM Technologies to increase the transaction size, enhancing the free float to 40.6% of the capital.

Although ECM has reduced its holding, it remains the majority shareholder with 59.2% of SEMCO's shares. To support stability, ECM entered into a 360-day lock-up agreement.