Newlat Food, Mastrolia sells 500 thousand shares after the rally

Newlat Food Mastrolia sells 500 thousand shares after the rally

(Finance) – The controlling shareholder of Newlat Foodan Italian multi-brand group in the agri-food sector and listed on Euronext STAR Milan, has sold 500 thousand shares at 9.9 euros each on June 5th. This is what emerges from an internal dealing, according to which the sales were made by the company Newlat Group SA, attributable to the executive president Angelo Mastrolia.

The shares sold are equal to1.1% of the capitalfor an equivalent value of the operation of 4.95 million euros.

The sale came in days of strong increases for the stock on the stock exchange after the presentation of the industrial plan 2024-30which also includes the contribution expected from the acquisition of the English Princes.

(Photo: Newlat)

tlb-finance