(Alliance News) - Simone Spa announced Monday that it has registered with the Court of Rome the masthead "Ildiritto.it," an online newspaper dedicated to legal information.

"The publishing initiative is aimed at enhancing the group's web presence, as declared during the IPO, and maximizing the value of the content created beyond the traditional publication of printed books," reads the company's statement.

"Investments, in fact, are extremely low thanks to the predominant contribution of the group's in-house editorial staff. At the same time, it is considered essential to provide a specialized legal information service aimed at professionals," the company concludes in the note.

Simone's stock closed Monday down 0.3 percent at EUR1.78 per share.

By Chiara Bruschi, Alliance News reporter

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