(Alliance News) - Sabaf Spa announced Wednesday that Petrae Srl, a company owned by CEO, Pietro Iotti, has purchased 2,000 ordinary shares of Sabaf.

The shares were taken over at an average unit price of EUR16.45, for a total value of EUR32,900.

Sabaf's stock is in the green by 2.3 percent at EUR16.72 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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