(Alliance News) - BasicNet Spa made it known on Friday that between June 24 and June 28 it purchased,

22,200 shares at an average price of EUR3.526 for a total consideration of EUR78,287.64.

As a result of these purchases, the company holds 4.7 million shares or 8.8 percent of the share capital.

BasicNet closed Friday up 1.5 percent to EUR3.45 per share.

By Chiara Bruschi, Alliance News reporter

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