(Alliance News) - The following stocks are the best and worst performers on Italy Growth Thursday afternoon in Piazza Affari.

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WINNERS

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BestThis rises 11 percent after reporting that the board has resolved to initiate a EUR7.0 million capital increase reserved for Pierluigi Ghiani and Francesco Simula. The transaction will be developed through the issuance of 4.0 million ordinary shares at a subscription price of EUR1.75 each. Of the amount of the capital increase, EUR400,000 will go to increase the company's share capital while EUR6.6 million will be allocated to share premium reserve.

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Ambromobiliare gains 8.4 percent, extending last month's rise of 4.4 percent. In the last six months, however, the stock has lost 9.6 percent and in the last year 24 percent.

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LOSERS

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UCapital 24 gives up 12%, a victim of profit-taking after the company's recent post-accounts and development plan bullishness. The stock gained more than 58% the day after the announcement of loss reduction in 2022.

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By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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