(Alliance News) - BF Spa reported Monday that Elfe Srl, a company owned by Federico Vecchioni, sold 217,403 shares of the company's common stock off-market.

The shares were sold at an average uintary price of EUR3.99, for a total consideration of EUR867,437.97.

BF's stock is on par at EUR3.96 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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