(Alliance News) - Telecom Italia Spa announced on Tuesday that Agostino Nuzzolo, an executive with strategic responsibilities, has sold 48,000 ordinary shares of the company.

The shares were sold at an average unit price of EUR0.4806, for a total value of EUR23,068.80.

Telecom Italia shares closed Tuesday up 0.3% at EUR0.50 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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