(Alliance News) - Saras Spa reported Friday that the company's Chief Financial Officer, Franco Balsamo, sold 280,000 ordinary shares.

The shares were sold at an average price of EUR1.42 per share, for a total consideration of EUR397,600.

Saras' stock closed Friday up 1.0 percent at EUR1.53 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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