Ivision Tech adjusts shareholder structure as Effe Group trims stake

Ivision Tech S.P.A. ( (IT:IVN) ) just unveiled an update.

Ivision Tech S.p.A., a Milan-based eyewear manufacturer with integrated design-to-packaging capabilities and strong R&D focused on eyewear technologies for both mainstream and visually impaired users, has reinforced its position in the value chain through acquisitions in ophthalmic lenses and custom electronics. The company now couples its core “Made in Italy” frame production with the Henry Jullien retail brand and specialised subsidiaries, broadening its product offering and technological control.

The company disclosed a change in its shareholder structure after majority shareholder Effe Group S.r.l. sold 178,500 ordinary shares, leaving it with 4,589,500 shares equal to 58.00% of the share capital and 79.89% of voting rights. Following the sale, the free float stands at 36.54% of the share capital, while Ivision Tech reiterated it will keep investors updated on any further changes and uses the 1INFO-SDIR system to distribute regulated information.

The most recent analyst rating on (IT:IVN) stock is a Buy with a EUR3.25 price target. To see the full list of analyst forecasts on Ivision Tech S.P.A. stock, see the IT:IVN Stock Forecast page.

More about Ivision Tech S.P.A.

Ivision Tech S.p.A. is an Italian innovative SME that designs and manufactures acetate optical frames, sunglasses and combined glasses, supplying major international luxury fashion brands on a wholesale basis. Operating through its iVision Eyewear and iVision R&D divisions, it runs an advanced 5,000-square-metre plant in Friuli-Venezia Giulia and has expanded into retail via the historic French brand Henry Jullien and into lenses and electronics through acquisitions of IVILENS OOD and D.E.C. Elettronica.

Average Trading Volume: 55,267

Technical Sentiment Signal: Buy

Current Market Cap: €15.75M

Learn more about IVN stock on TipRanks’ Stock Analysis page.