(Alliance News) - Credito Emiliano Spa reported Wednesday that the co-general manager, Stefano Pilastri, sold 14,000 ordinary shares in the bank.

The shares were sold at an average price per share of EUR9.3099, for a total consideration of EUR130,338.60.

Credem's stock closed Wednesday up 0.9 percent at EUR9.45 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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