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

This is because FUM's February average monthly share price of EUR6.2982 is lower than the EUR10.50 strike.

FUM's stock is up 1.6 percent at EUR6.40 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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