(Alliance News) - Nusco Spa announced Tuesday that its chairman and chief executive officer, Luigi Nusco, has resigned with immediate effect due to unforeseen personal reasons, resigning all the powers assigned to him.

Pursuant to the contingency plan approved by the board on June 28, 2021, director Michele Nusco assumes the powers previously assigned to the CEO, and the board will replace director Luigi Nusco through the system of

co-option, with a resolution approved by the board.

Nusco gives up 6.0% to EUR0.94 per share.

By Chiara Bruschi, Alliance News reporter

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