(Alliance News) - Italian Wine Brands Spa reported Friday that director Massimiliano Mutinelli has bought 2,000 ordinary shares in the company.

The shares were taken over at an average uintrary price of EUR23.025 for a total value of EUR46,050.00.

Italian Wine Brands' stock trades in the red by 3.6 percent at EUR23.05 per share.

By Chiara Bruschi, Alliance News senior reporter

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