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Vivenda Group Announces Board Resignation and Future Plans

Story Highlights
  • Vivenda Group S.p.A. specializes in OOH and DOOH advertising, focusing on zero-cost sponsored restorations.
  • Francesco Bernardi resigned as an independent director, with a replacement to be appointed soon.
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Vivenda Group Announces Board Resignation and Future Plans

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The latest announcement is out from Vivenda Group S.p.A. ( (IT:VVG) ).

Vivenda Group S.p.A. announced the resignation of Francesco Bernardi from his role as an independent director due to professional commitments. The company plans to appoint a new director soon, ensuring compliance with regulations. This change in the board is not expected to impact the company’s operations significantly, as Vivenda continues to focus on its core business and international expansion.

More about Vivenda Group S.p.A.

Vivenda Group S.p.A., founded in Rome in 2006, is a prominent player in the Out Of Home (OOH) and Digital Out of Home (DOOH) advertising industry. The company specializes in large-scale advertising installations in high-visibility locations and operates through four main service lines: OOH Advertising, Architecture, Legal & Financial Advertising, and Real Estate. Vivenda is known for its unique zero-cost sponsored restoration model, which funds property restorations through advertising revenues. The company has expanded internationally with operations in Dubai and Barcelona, enhancing its growth in the OOH and sustainable building redevelopment sectors.

Average Trading Volume: 11,280

Technical Sentiment Signal: Strong Sell

For an in-depth examination of VVG stock, go to TipRanks’ Overview page.

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