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Revo Insurance
Transaction in Own Shares • Apr 26, 2022
4376_rns_2022-04-26_9f00bb85-baca-44b9-928c-adc9aa1a33f0.pdf
Transaction in Own Shares
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PRESS RELEASE
REVO: TRANSACTIONS ON OWN SHARES
Milan, 26/04/2022.
REVO S.p.A. communicates the transactions on own shares in the period between April 19 th and April 22nd , 2022 under the program of share buyback approved by the Shareholders' Meeting of May 3 rd , 2021 (already disclosed to the market with the press release issued on March 3 rd , 2022).
The table below reports the details of the transactions on own shares on a daily basis:
| Date | Transaction | Quantity | Average Price | Counter Value |
|---|---|---|---|---|
| 19/04/22 | Purchase | 1.400 | 9,4000 | 13.160,00 |
| 20/04/22 | Purchase | 1.100 | 9,3727 | 10.309,97 |
| 21/04/22 | Purchase | 700 | 9,3114 | 6.517,98 |
| 22/04/22 | Purchase | 300 | 9,5000 | 2.850,00 |
| Total Purchases | 3.500 | 9,3823 | 32.837,95 |
REVO currently owns a total of 75.200 own shares, equal to approximately 0,337% of its share capital, including only ordinary shares.
This press release is available at corporate website and at
For further information please contact:
Investor Relations Manager Jacopo Tanaglia Phone: +39 045 8531662 e-mail: [email protected]
REVO S.p.A. Equita SIM S.p.A.
Euronext Growth Advisor e Specialista Via Turati 9, 20121, Milano Phone: +39 02 62041 e-mail: [email protected]
Media Relation
Incontra - Studio Cisnetto Enrico Cisnetto / Gianluca Colace / Massimo Pittarello Phone: +39 06 4740739
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REVO (www.REVO-spac.com) is a Special Purpose Acquisition Company (SPAC) promoted by Alberto Minali,Claudio Costamagna, Stefano Semolini, Jacopo Tanaglia e Simone Lazzaro. REVO aims at creating a major insurance player in specialty lines and parametric risks, mainly focused on SMEs. On 30th of november 2021 REVO has completed the acquisition of Elba Assicurazioni S.p.A., an insurance company operating mainly in the surety business. The achievement of the Business Combination with Elba will allow REVO to start from the existing business by aggregating underwriters and MGAs in the specialty lines, also developing the parametric risk segment. REVO will propose itself as a lean player, adopting new technologies like blockchain to optimize the risk underwriting and claims management process.