MILAN, Jan 15 (Reuters) - Shares in doValue> fell in early trade on Monday after the Italian bad loan manager said it was booking some non-cash charges linked to its Spanish operations, driving its nine-month loss higher.

The company said late on Friday its net loss in the first nine months was 25.7 million euros ($28 million), or almost five times what it had previously reported, due to impairments it booked on its Spanish operations.

The group on Friday approved a business plan for the Iberia region, revising the value of some intangible assets which resulted in an attributable non-monetary hit of 31.4 million euros for the period.

Shares in doValue fell 6% by 0813 GMT to 2.94 euros each.

The stock has lost nearly a fifth of its value over the past three months and is down almost 60% in the last year.

Shares in doValue had risen early on Friday on a Bloomberg report about discussions with U.S. fund Elliott to acquire rival Gardant. (Reporting by Valentina Za, editing by Alvise Armellini)