(Alliance News) - 4AIM Sicaf Spa announced Wednesday that it has mutually agreed to terminate the relationship with Davide Mantegazza, the company's chief financial officer and investor relator, for personal reasons.

The company informs that activities to select a new chief financial officer were promptly initiated, and CEO Giovanni Natali has taken over the role of investor relator on an interim basis.

4AIM Sicaf's stock is up 9.4 percent at EUR197.00 per share.

By Chiara Bruschi, Alliance News reporter

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