(Alliance News) - GPI Spa announced Monday that FM Srl, of which GPI CEO Fausto Manzana is chairman and chief executive officer, has purchased 1,300 ordinary shares in the company.

The shares were taken over at an average unit price of EUR12.1055, for a total value of EUR15,737.15.

GPI's stock is down 0.2 percent at EUR12.28 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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