(Alliance News) - Tamburi Investment Partners Spa reported Thursday that director Paul Simon Schapira has bought 5,000 ordinary shares in the company.

The shares were taken over at an average unit price of EUR9.30, for a total consideration of EUR46,500.

TIP's stock is down 1.1 percent at EUR9.38 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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