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

This is because the average monthly share price for August, EUR8.0217, is below the strike price of EUR10.50.

FUM's ttiol closed 2.1 percent in the red at EUR7.60 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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