(Alliance News) - Eems Italia Spa reported Wednesday that Gruppo Industrie Riunite Srl, linked to Eems CEO Giuseppe De Giovanni, has sold 1.1 million ordinary shares in Eems.

The shares were sold at an average unit price of EUR0.04 or so, for a total conteoval of EUR44,000.

Eems Italia stock is down 3.0 percent at EUR0.0390 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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