Inactive Instrument

Reevo S.P.A.

REEVO

IT0005438038

ReeVo approves share price and warrants for Nebula Aurea takeover bid

July 07, 2023 at 02:58 am EDT

(Alliance News) - ReeVo Spa announced Thursday in the evening that its board of directors has made its evaluations regarding the voluntary totalitarian takeover bid promoted by Nebula Aurea BidCo Spa concerning, respectively, the maximum 4.6 million shares and the maximum 4.6 million warrants issued by ReeVo.

The board of directors therefore considered the consideration of EUR17.60 for each share tendered in the share offer as well as the consideration of EUR0.18 for each warrant tendered

to the offer on the warrants.

The offer acceptance period agreed with Consob, Nebula specifies in a separate note, will begin at 0830 CEST on Monday, July 10, 2023, and end at 1730 CEST on Friday, July 28, 2023, extremes included.

ReeVo on Thursday closed up 0.3 to EUR17.30 per share.

By Chiara Bruschi, 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.	Feb. 23	CI
Nebula Aurea rises to 96 percent in ReeVo, soon to be delisted from stock exchange	23-07-31	AN
An unknown buyer completed the acquisition of 96.368% Reevo S.P.A. for ?85.7 million.	23-07-30	CI
Mib in the red; Eurozone reduces trade deficit	23-07-14	AN
Europeans flat; Casta Diva bullish after dividend	23-07-14	AN
ReeVo and Nebula takeover bid, Golden Power condition comes true	23-07-14	AN
ReeVo approves share price and warrants for Nebula Aurea takeover bid	23-07-07	AN
ReeVo, warrant exercise period to 2024 closed early	23-06-06	AN
ReeVo acquires an additional 10 percent of Security Lab, rising to 65 percent	23-05-31	AN
Reevo S.P.A. acquired additional 10% stake in Security Lab S.r.l.	23-05-30	CI
ReeVo, board exercises proxy for share capital increase	23-05-19	AN
Indices expected to fall at start of trading session	23-05-17	AN
Mib veers downward in finale; purchases on MPS	23-05-16	AN
ITALY GROWTH WINNERS & LOSERS: Italia Independent up; Askoll bad	23-05-16	AN
Mib up slightly; Italy inflation revised	23-05-16	AN
Mib below 27,200 ahead of Italian inflation	23-05-16	AN
Nebula launches takeover bid aimed at delisting ReeVo	23-05-16	AN
Nebula Aurea Bidco to Launch Takeover bid on Reevo At 17.6 Eur/Shr	23-05-16	CI
An unknown buyer agreed to acquire Reevo S.P.A. for ?89 million.	23-05-15	CI
ReeVo purchased its own shares for more than EUR20,000	23-04-06	AN
ReeVo purchased 2,000 shares of its own common stock	23-03-31	AN
ReeVo continues buybacks and takes over 2,000 of its own shares	23-03-24	AN
ReeVo returns to profit in 2022 and revenues also go up; there's dividend	23-03-22	AN
Reevo S.P.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-21	CI
ReeVo purchased its own shares for approximately EUR50,000	23-03-17	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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