(Alliance News) - Newlat Food Spa announced Tuesday that its parent company, Newlat Group SA, has sold 110,000 ordinary shares in the company.

The shares were sold at an average unit price of EUR9.93, for a total consideration of EUR1.1 million.

Newlat Food's stock closed Tuesday up 2.2 percent at EUR11.24 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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