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Revo Insurance
Regulatory Filings • Sep 5, 2024
4376_rns_2024-09-05_19580f48-476d-4def-9247-b01c889e8fe0.pdf
Regulatory Filings
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Press Release
REVO Insurance enters into new FTSE indexes
Verona, 5 September 2024 - REVO Insurance, listed on the STAR Segment of Borsa Italiana and the first Italian operator focused on parametric policies and specialty lines for SMEs and professionals, according to an official announcement by FTSE Russell on 4 September, will enter the following indexes with effect from 23 September 2024: FTSE Italia Small Cap Index, FTSE Italia All-Share Index, FTSE Italia PIR Mid Small Cap Index, FTSE Italia PIR PMI All Index.
As of today, REVO has a market capitalisation of around EUR 241 million - with a share performance of +16.7% since the beginning of the year, against a closing price of EUR 9.80 per share.
Alberto Minali, Chief Executive Officer of REVO Insurance, said: "Our inclusion in these new indexes is testament to the good results REVO has achieved in recent years and to the market's attention to us, which has been reflected in the stock's excellent performance over the past few months and in greater liquidity resulting from increased trading volume than in the past. The Company's continued growth, in tandem with the execution of our Business Plan, will be key to further contributing to an appropriate stock market valuation relative to our fundamentals."
NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN
ABOUT REVO
(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 parametric risks and mainly oriented on the SME sector. REVO Insurance is an innovative and cutting-edge player, with an entrepreneurial formula that leverages technological leadership to optimize and make the risk underwriting and claims management process more efficient and flexible – including through the use of blockchain technology – and with a strong ESG vocation as a key part of its strategic orientation.
This press release is available on the Company's website and on
REVO Insurance S.p.A.
Registered office: Viale dell'Agricoltura 7, 37135 Verona Operational headquarters: Via Monte Rosa 91, 20149 Milan Via Cesarea 12, 16121 Genova Phone: +39 02 92885700 | Certified email: [email protected]
FOR MORE INFORMATION, PLEASE CONTACT
REVO Insurance S.p.A. Investor Relations Manager Jacopo Tanaglia Phone: +39 045 8531662 | [email protected]
Communications & ESG Director Marica Cammaroto Phone: +39 335 1557142 | [email protected]
Media Relations Incontra - Studio Cisnetto Enrico Cisnetto | Gianluca Colace Phone: +39 06 4740739