Nicolini sells 5000 Cementir shares

Riccardo Nicolini, general manager and director of Italian cement group Cementir, a unit of local construction company Caltagirone, has sold on the market  a further 5000 Cementir shares, it was reported on December 7, 2005.  Nicolini sold the shares for Euro 23,500 in a transaction dating back to December 5, 2005. 

Nicolini bought on the market 40,124 shares of Cementir between October 10 and November 16, 2005, the Italian News Digest reported on December 6. The shares were acquired for a total Euro 162,015. Between November 30 and December 2, 2005 the manager sold on the market 35,124 shares of Cementir for Euro 163,711.