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.”