Shareholding Structure
Recupero Etico Sostenibile S.p.A.
| Shareholder | No. of ordinary shares | % of share capital |
|---|---|---|
| A.L.V. S.r.l. * (i) | 4.381.900 | 27,04% |
| A.A.V. S.r.l. ** (i) | 1.958.300 | 12,08% |
| M.V. S.r.l. *** (i) | 1.958.300 | 12,08% |
| First4Progress 2 S.p.A. | 1.315.789 | 8,12% |
| Invitalia S.p.A. | 1.120.168 | 6,91% |
| Antonio Valerio (1972) (i) | 541.700 | 3,34% |
| Maria Valerio (i) | 541.700 | 3,34% |
| Antonio Valerio (1973) (i) | 520.000 | 3,21% |
| Serena Vespoli (i) | 100.000 | 0,62% |
| Flottante | 3.770.144 | 23,26% |
| Totale | 16.208.001 | 100,00% |
Last update: 13 November 2025
(*)Company attributable to Antonio Valerio (1973)
(**) Company attributable to Antonio Valerio (1972)
(***) Company attributable to Maria Valerio
(i) Party to the Shareholders’ Agreement (see press release dated 8 November 2025), to which a total of 10,001,900 ordinary shares are contributed, corresponding to 61.71% of the Company’s current share capital.
(ii) Antonio Valerio (1973) and A.L.V. S.r.l. have entered into a 90-day lock-up commitment with Intesa Sanpaolo S.p.A., sole bookrunner of the capital increase resolved by the Board of Directors on 5 November 2025, in line with market practice (see press release dated 5 November 2025).
Disclosure obligations of significant shareholders
Pursuant to the Euronext Growth Milan Issuers’ Regulation, approved and published by Borsa Italiana S.p.A., as amended from time to time, any person who comes to hold at least 5% of a class of financial instruments of RES admitted to trading on Euronext Growth Milan qualifies as a “Significant Shareholder”.
The attainment or exceeding of the thresholds of 5%, 10%, 15%, 20%, 25%, 30%, 50%, 66.6% and 90% of the share capital, as well as a decrease below any of the above thresholds, constitutes a “Material Change” under the Euronext Growth Milan Issuers’ Regulation and must be notified by Significant Shareholders to RES within four trading days from the date on which the transaction giving rise to the Material Change was carried out. Such notification must specify:
- the identity of the Significant Shareholders involved;
- the date on which RES was informed;
- the date of the Material Change;
- the price, amount and category of the financial instruments;
- the nature of the transaction;
- the nature and extent of the holding.
For this purpose, each Significant Shareholder may use the notification templates provided under the “Transparency Rules” (as defined in the Euronext Growth Milan Issuers’ Regulation), with particular reference to the information and disclosures required of Significant Shareholders.
The notification must be submitted using the dedicated form available via the link below and sent by registered mail with return receipt to the Company at its registered office or to the following address: RES S.p.A. Zona industriale s.n.c. – 86090 – Pettoranello del Molise (IS).