(Alliance News) - Franchi Umberto Marmi Spa has announced that the soceity's warrants are not exercisable in December.

This is because the average monthly price for November, EUR6.7185, is lower than the EUR10.50 strike.

FUM's stock is down 2.0 percent at EUR6.88 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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