(Alliance News) - Intesa Sanpaolo Spa reported Wednesday that the head of its Asset Management division, Saverio Perissinotto, sold 100,000 ordinary shares in the bank.

The shares were sold at an average price per share of EUR3.3510, for a total consideration of EUR335,100.

Intesa Sanpaolo's stock is up 0.5 percent at EUR3.36 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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