(Alliance News) - Matica Fintec Spa has notified Intermonte SIM Spa of its intention not to renew the specialist operator assignment upon its natural expiration.

The notice was also sent to Borsa Italiana Spa.

The company will appoint a new specialist trader to take over from Intermonte SIM, which will continue in the appointment until Sept. 1.

Matic Fintec's stock is down 3.7 percent at EUR2.10 per share.

By Claudia Cavaliere, Alliance News reporter

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