(Alliance News) - Planetel Spa reported Thursday that BMP Holding Srl, a company linked to board chairman Bruno Mario Pianetti, has purchased 3,000 ordinary shares in the company.

The shares were taken over at an average price of EUR5.55 per share, for a total value of about EUR17,000.

Planetel's stock closed Thursday down 6.3 percent at EUR5.20 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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