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Revo Insurance
Transaction in Own Shares • Nov 28, 2022
4376_rns_2022-11-28_25bbeb16-c72b-419f-8bc3-5e4fe737bc97.pdf
Transaction in Own Shares
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PRESS RELEASE
REVO INSURANCE: TRANSACTIONS ON OWN SHARES
Milan, 28/11/2022.
It is reminded the resolution approved by the Shareholders' Meeting held on September 5 th 2022, which gave the Board a mandate to purchase and dispose of own shares, subject to the condition upon the effectiveness of the listing of REVO Insurance on the market segment of the Italian Stock Exchange named Euronext STAR Milan, condition which was fulfilled on November 21st 2022.
Therefore, REVO Insurance S.p.A. announces the trading on own shares during the period from November 21st to November 25th 2022
The table below reports the details of the transactions on own shares on a daily basis:
| Date | Transaction | Quantity | Average Price | Counter Value |
|---|---|---|---|---|
| 24/11/22 | Purchase | 1.500 | 8,8513 | 13.276,95 |
| 25/11/22 | Purchase | 1.607 | 8,6529 | 13.905,21 |
| Total Purchases | 3.107 | 8,7487 | 27.182,16 |
REVO Insurance currently owns a total of 128.107 own shares, equal to approximately 0,574% of its share capital, including only ordinary shares.
This press release is available at corporate website and at
NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN
REVO Insurance S.p.A. Registered Office: Viale dell'Agricoltura 7, 37135 Verona Corporate headquarter: Via Mecenate 90, 20138 Milano tel: +39 02 9288 5700 | fax: +39 02 9288 5749 PEC: [email protected]
www.revoinsurance.com
For further information please contact:
REVO Insurance S.p.A. Equita SIM S.p.A.
Investor Relations Manager Jacopo Tanaglia Phone: +39 045 8531662 e-mail: [email protected]
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 Insurance S.p.A. (www.revoinsurance.com) is an insurance company based in Italy, listed on the Euronext STAR Milan market and active in non-life insurance with a focus on specialty lines and dedicated to the special risks (specialty lines) and parametric risks business, with a special focus on the SME sector. REVO Insurance was established on 21 November 2022 due to the merger between Elba Assicurazioni S.p.A., an insurance company dedicated mainly to the surety business, and REVO SPAC, the Special Purpose Acquisition Company (SPAC) which launched the business combination. REVO Insurance intends to stand out as an innovative and advanced player with a flexible business model taking advantage on a technological leadership to optimize and streamline the risk underwriting and claims management processes also through blockchain technology. REVO Insurance approach is also informed by a marked ESG vocation as essential feature of its strategic vision.
NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN
REVO Insurance S.p.A.
www.revoinsurance.com
Registered Office: Viale dell'Agricoltura 7, 37135 Verona Corporate headquarter: Via Mecenate 90, 20138 Milano tel: +39 02 9288 5700 | fax: +39 02 9288 5749 PEC: [email protected]
Fully authorised paid-in share capital € 6,680,000,00 (i.v.) Fiscal Code and Company Register of Verona 05850710962 Undertaking authorized to conduct insurance business by ISVAP Order No. 2610 of 3rd June 2008 Filled into IVASS Insurance and Reinsurance Companies Register, Section I, under No. 1.00167 Parent Undertaking of the insurance group named 'REVO Insurance' filled into IVASS Group Register under No. 059