(Alliance News) - Franchi Umberto Marmi Spa announced Thursday that warrants will not be exercisable in May.

This is because FUM's April average monthly share price of EUR5.8562 is lower than the EUR10.50 strike.

FUM's stock is on par at EUR6.00 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.