RELATECH: TOP MANAGEMENT INVESTS MORE THAN 2 MILLION
EURO IN THE COMPANY THANKS TO THE CONVERSION OF
THE INVESTMENT DEMONSTRATES HIGH MANAGEMENT COMMITMENT AND WILL BE FUNDAMENTAL TO FURTHER IMPLEMENTING THE 3M STRATEGY
Milano, 25 years oldE May 2022
Relatech SpA, Digital Enablement Solutions Know-How Company (DESK) and innovative SME listed on the Euronext Growth Milan market (Ticker: RLT), announces that the General Management is continuing the process of strengthening the shareholder structure with an investment of more than 2 million euros through the exercise of warrants. In particular, the Chairman and Chief Executive Officer, as well as founder of the Company, Pascal Lambardi, following the exercise of the conversion rights of the converted “Relatech Warrants 2019-2022” no. 1,320,050 equals n. 1,980,075 shares of Relatech common stock; and Silvio Cololeto, COO, converted no. 100.00 Relatech warrants in n. 150,000 shares of Relatech common stock.
Top Management pursues with conviction the path of investment in the Company, which through the engine of 3M strategy, Merge, Management, Marginallows the company and the Relatech Group to pursue their internal and external growth.
Pascal LambardI, President and CEO of Relatechcomments: “I firmly believe in the growth opportunities that the company and the Relatech Group have and that they can implement in a market that still has a long way to go from the point of view of digital transformation both in Italy and abroad. ‘foreign. The investment aims to provide the company with new resources to continue to develop and pursue important and challenging strategic objectives capable of creating sustainable and sustainable added value for our stakeholders, shareholders, employees and customers.“
Silvio Cololeto, COOadds: “With our investment, we want to send a signal of absolute confidence and transparency to the financial markets and to all stakeholders regarding the medium and long-term prospects of the Company, in particular in view of the evolution of the financial markets during the year 2022. In my opinion, the initiative is in line with the attention that Top
Management has always been mindful of the convergence of the interests of shareholders, management and employees of the Company.“
This press release is online at www.relatech.com(Investor Relations/Press Releases section).
Relatech (ticker RLT ISINIT0005433740), Digital Enabler Solution Know-how (DESK) Company, listed on Euronext Growth Milan since June 2019, is present on the market with innovative solutions dedicated to the digital transformation of companies. Relatech is an innovative customer-focused SME looking for the most innovative solutions, becoming a strategic partner for digitization and ICT services. Relatech constantly invests in open innovation with extensive R&D activity carried out in-house and numerous partnerships with the main Italian universities and research centers. Through its cloud-based digital platform and RePlatform, it provides services and develops innovative digital solutions in the cutting-edge technologies of Digital Enabler, such as Cloud, Cybersecurity, Blockchain, Big Data, Machine Learning , Artificial Intelligence, Internet of Things.
Relatech SpA – Investor Relations
Gianluca Rossi | [email protected]| Tel: +39 02 2404909 | Via Ercole Marelli, 165 – 20099 Sesto San Giovanni (MI)
EGA & SPECIALIST
BPER Banca SpA | [email protected]| Tel: +39 02 7274 9229 | Via Gaetano Negri, 10 – 20123 Milan
INVESTOR RELATIONS & PRESS ADVISOR
Top Consulting IR | [email protected] | T: + 39 02 4547 3883/4 | Via Bigli, 19 – 20121 Milan
Relatech SpA published this content on May 25, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on May 25, 2022 4:12:39 PM UTC.
Public now 2022
RELATECH SPA Technical Analysis Trends
|Short term||Middle term||Long term|
Evolution of the income statement
|Medium consensus||TO BUY|
|Number of analysts||2|
|Last closing price||2.25 €|
|Average target price||€4.40|
|Average Spread / Target||95.6%|