(Alliance News) - Saras Spa announced Friday that, in connection with the investigation into the purchase of crude oil of Kurdish origin, the Public Prosecutor's Office at the Court of Cagliari has notified the company executives involved of their appeal against the judgement of the GUP, which declared that there was no need to proceed because the fact did not exist.

"Saras, certain of the correct actions of its executives, reiterates its full confidence in the Judicial Authority and trusts that the sentence appealed by the Public Prosecutor's Office, which is final for the company, will be fully confirmed," the company wrote in a note.

Saras trades in the red by 0.6 percent at EUR1.47 per share.

By Claudia Cavaliere, Alliance News reporter

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