(Alliance News) - Sanlorenzo Spa reported Tuesday that the president of its Yacht division, Tommaso Vincenzi, sold 21,058 ordinary shares in the company.

The shares were sold at an average unit price of EUR43.56, for a total value of about EUR917,000.

Sanlorenzo's stock is up 2.6 percent at EUR46.10 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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