(Alliance News) - Banco di Desio e della Brianza Spa announced Wednesday that Averla Srl, linked to director Gerolamo Gavazzi, has bought 365,000 ordinary shares in the bank.

The shares were taken over at an average unit price of EUR4.0068, for a total consideration of EUR1.5 million.

Banco di Desio e della Brianza's stock is down 1.2 percent at EUR4.08 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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