(Alliance News) - Franchi Umberto Marmi Spa has announced that warrants are not exercisable in June.

This is due to the fact that the average monthly share price of EUR5.8510 in May is lower than the strike price of EUR10.50.

FUM's stock closed, Monday, down 0.9 percent at EUR5.70 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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