(Alliance News) - GPI Spa announced Friday that FM Srl, of which GPI CEO Fausto Manzana is chairman and chief executive officer, has purchased 4,900 ordinary shares in the company.

The shares were taken over at an average unit price of EUR11.91, for a total value of EUR58,359.

GPI's stock closed Friday up 0.7 percent at EUR11.86 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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