Inactive Instrument

Reevo S.P.A.

REEVO

IT0005438038

ReeVo, board exercises proxy for share capital increase

May 19, 2023 at 11:02 pm IST

(Alliance News) - The board of directors of ReeVo Spa on Friday resolved to increase, by exercising proxy, the share capital free of charge to service the incentive plan to 2023.

The plan was approved at the March 14, 2022 board meeting and is intended for executive directors and employees of Reevo and its subsidiaries as an incentive and retention tool.

As a result of today's board resolution, the share capital has been increased by EUR2,489.80 - from EUR505,429.00 to EUT507,918.80 - through the use and allocation to capital for a corresponding amount of the available reserve recorded in the financial statements as of December 31, 2022.

The capital increase provides for the issuance of 24,898 new ordinary shares, with no indication of their expressed par value and regular dividend entitlements, to be allotted to the beneficiaries of the plan.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Reevo S.P.A.

Reevo S.P.A. acquired ITnet S.r.l. from Orascom Tmt Investments S.à R.L.	24/02	CI
Nebula Aurea rises to 96 percent in ReeVo, soon to be delisted from stock exchange	31/23/31	AN
An unknown buyer completed the acquisition of 96.368% Reevo S.P.A. for ?85.7 million.	31/23/31	CI
Mib in the red; Eurozone reduces trade deficit	14/23/14	AN
Europeans flat; Casta Diva bullish after dividend	14/23/14	AN
ReeVo and Nebula takeover bid, Golden Power condition comes true	14/23/14	AN
ReeVo approves share price and warrants for Nebula Aurea takeover bid	07/23/07	AN
ReeVo, warrant exercise period to 2024 closed early	06/23/06	AN
ReeVo acquires an additional 10 percent of Security Lab, rising to 65 percent	31/23/31	AN
Reevo S.P.A. acquired additional 10% stake in Security Lab S.r.l.	31/23/31	CI
ReeVo, board exercises proxy for share capital increase	19/23/19	AN
Indices expected to fall at start of trading session	17/23/17	AN
Mib veers downward in finale; purchases on MPS	16/23/16	AN
ITALY GROWTH WINNERS & LOSERS: Italia Independent up; Askoll bad	16/23/16	AN
Mib up slightly; Italy inflation revised	16/23/16	AN
Mib below 27,200 ahead of Italian inflation	16/23/16	AN
Nebula launches takeover bid aimed at delisting ReeVo	16/23/16	AN
Nebula Aurea Bidco to Launch Takeover bid on Reevo At 17.6 Eur/Shr	16/23/16	CI
An unknown buyer agreed to acquire Reevo S.P.A. for ?89 million.	16/23/16	CI
ReeVo purchased its own shares for more than EUR20,000	06/23/06	AN
ReeVo purchased 2,000 shares of its own common stock	31/23/31	AN
ReeVo continues buybacks and takes over 2,000 of its own shares	24/23/24	AN
ReeVo returns to profit in 2022 and revenues also go up; there's dividend	22/23/22	AN
Reevo S.P.A. Reports Earnings Results for the Full Year Ended December 31, 2022	22/23/22	CI
ReeVo purchased its own shares for approximately EUR50,000	17/23/17	AN

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Company Profile

ReeVo SpA is an Italy-based provider engaged in the Information Technology industry. The Company offers a digital platform for data storage via Cloud Computing services, including Managed Cloud, Multi-Cloud and Hybrid Cloud. It ensures support to the operation of the Italian companies and the protection of data, delivering a variety of cyber-security solutions. The company evaluates the threats, vulnerabilities and risks of cloud services and customer networks in order to defend them from possible internal or external attacks, damage of data and unauthorized access. It is located in Brugherio and maintains the clients' data within the certified Rating 4 - ANSI/TIA 942 Data Centers in Italy.

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