(Alliance News) - GPI Spa announced Friday that FM Srl, of which GPI CEO Fausto Manzana is chairman and chief executive officer, has acquired 3,274 ordinary shares in the company.

The shares were taken over at an average unit price of EUR12.21, for a total value of about EUR40,000.

GPI's stock is down 1.9 percent at EUR12.22 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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