(Alliance News) - Rai Way Spa announced Thursday that it has lost its Small and Medium Enterprise status.

Now, any shareholder of Rai Way with more than 3 percent and less than 5 percent of the company's capital will have to notify Consob.

Rai Way on Thursday closed in the green by 0.8 percent at EUR5.45 per share.

By Chiara Bruschi, Alliance News reporter

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