Transaction in Shares
September 18 2007 - 4:48AM
UK Regulatory
RNS Number:0154E
Burani Designer Holding N.V.
18 September 2007
BURANI DESIGNER HOLDING N.V.
Transactions in shares of Mariella Burani Fashion Group ("MBFG")
Burani Designer Holding N.V. ("BDH" or the "Company") announces that in the
period between the dates of 14 August 2007 and 13 September 2007 it has
purchased and sold ordinary shares in MBFG, amounting to a net purchase of
251,027 ordinary shares in MBFG at a weighted average net price of Euro23.78,
representing a net purchase consideration of approximately Euro 6.0 million.
As a result of these transactions, BDH currently holds 16,031,798 ordinary
shares of MBFG and has slightly increased its stake by approximately 0.9% in
MBFG to 53.6% of the total outstanding shares of MBFG, taking advantage of
recent weaknesses which have affected the financial markets.
Enquiries:
Burani Designer Holding N.V. Tel: +39 02 7642 0111 / +39 348 256 1971
Carol Brumer
Lehman Brothers International (Europe) Tel: +44 20 7102 1000
Matteo Saviotti
Ed Boyce
Citigate Dewe Rogerson Tel: +44 20 7638 9571
Kate Delahunty
Sarah Gestetner
www.buranidh.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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