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Yolo Group
Share Issue/Capital Change • Oct 1, 2024
4450_rns_2024-10-01_7bab2853-dbb8-4bba-8891-297ef8be5907.pdf
Share Issue/Capital Change
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| Informazione Regolamentata n. 20264-54-2024 |
Data/Ora Inizio Diffusione 1 Ottobre 2024 16:45:00 |
Euronext Growth Milan | |
|---|---|---|---|
| Societa' | : | YOLO GROUP | |
| Identificativo Informazione Regolamentata |
: | 196296 | |
| Utenza - Referente | : | YOLOGROUPN01 - Francesco Grieco | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 1 Ottobre 2024 16:45:00 | |
| Data/Ora Inizio Diffusione | : | 1 Ottobre 2024 16:45:00 | |
| Oggetto | : | CLOSING OF THE SEVENTH CONVERSION PERIOD OF THE BOND LOAN DENOMINATED "YOLO GROUP CONVERTIBLE 5% 2022-2025" |
Testo del comunicato
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YOLO
CLOSING OF THE SEVENTH CONVERSION PERIOD OF THE BOND LOAN DENOMINATED "YOLO GROUP CONVERTIBLE 5% 2022-2025"
Milan, 1 stOctober 2024 - YOLO Group S.p.A. ("YOLO" or the "Company) one of the leading operators in the Italian insurtech market of digital insurance services listed on Euronext Growth Milan announces that on 30 September 2024 the Seventh Conversion Period of the bond convertible into YOLO ordinary shares named 'Yolo Group Convertibile 5% 2022-2025' (ISIN code IT0005503856) ended, during which no requests for conversion into shares were submitted by Bondholders.
Details of the Convertible Bonds still outstanding are set out below:
| N. Issued Bonds | N. Converted Bonds | N. Outstanding Bonds |
|
|---|---|---|---|
| Convertible Bonds | 722 | 0 | 722 |
For further information, please refer to the Regulation of the convertible bond called 'Yolo Group Convertible 5% 2022-2025' available on the company's website www.yoloinsurance.com (Investor Relations section).
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The press release is available in the Investor/Press Releases section of the website www.yoloinsurance.com.
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For the transmission and storage of Regulated Information, YOLO Group S.p.A. uses the eMarket and the eMarket STORAGE storage mechanism available at managed by Teleborsa S.r.l. - based in Piazza di Priscilla, 4 - Rome. Roma.
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YOLO GROUP
YOLO Group is an insurtech company, among the main ones in Italy and with a presence abroad, with two lines of offer: services to enable the digital distribution of insurance products of insurance companies, banks and retailers (e.g., utilities and largescale distribution); direct distribution of insurance products made in collaboration with companies.
Since its establishment at the end of 2017, YOLO has developed around 140 partnerships, in Italy and abroad, to enable digital insurance offerings.
In direct distribution, YOLO has adopted a hybrid (so-called phygital) model, combining digital and physical channels. In 2022, it launched the Yolo Insurance Network (YIN), a platform that enables smaller insurance agencies and brokers to integrate digital into the physical management and distribution model. About 600 brokers have joined YIN.
YOLO has been listed in the ordinary segment of Euronext Growth Milan since 2022. The main shareholders, in addition to the two co-founders (Gianluca De Cobelli and Simone Ranucci Brandimarte), include Generali Italia, Intesa Sanpaolo Vita, Neva SGR, Primo Ventures SGR, Mansutti, IBL Banca, Net Insurance, Smart4Tech, and Banco Desio e della Brianza. Website: www.yolo-insurance.com
CONTACTS
Investor Relations Francesco Grieco [email protected]
Media Relations Twister communications group Lucia Saluzzi + 39 347 5536979 Emilio Miosi + 39 338 6546410 [email protected]
Euronext Growth Advisor EnVent Italia SIM S.p.A Paolo Verna [email protected]
| Fine Comunicato n.20264-54-2024 | Numero di Pagine: 4 |
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