(Alliance News) - The following stocks are the best and worst performers on Italy Growth on Wednesday afternoon in Piazza Affari.

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WINNERS

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Imvest rises 20 percent to EUR0.02 per share. The company announced the fulfillment of the second and final condition precedent of the agreement signed in December by its wholly owned subsidiary MC Real Estate Srl with Aptus Società Semplice, concerning the sale by the subsidiary in favor of Aptus of the properties comprising three apartments located in Rome, Via Giulia.

The properties are encumbered by a EUR7.0 million mortgage, registered as security for a EUR3.5 million loan granted in January 2008 by Banca Popolare di Novara Spa - which later became Banco BPM Spa - in favor of FI.Mar Spa, the original owner of the said properties.

Italia Independent also rises 20 percent to EUR0.72 per share. The stock in the last month has risen 178%, in the last six months 300% while it has fallen 43% in the last year.

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LOSERS

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Erfo Pharmaceutical Laboratory does worst of all and sits on the bottom giving up 7.8%. The stock has given up 45% in the six-month period.

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By Claudia Cavaliere, Alliance News reporter

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