Response to Press Speculation
January 18 2008 - 9:04AM
UK Regulatory
RNS Number:1053M
Burani Designer Holding N.V.
18 January 2008
BURANI DESIGNER HOLDING N.V.
RESPONSE TO PRESS SPECULATION
Burani Designer Holding N.V., (LSE AIM: BRDH) ("BDH"), a company offering
Italian lifestyle products and services to customers world-wide, notes the
article appearing today in the Italian magazine "Il Mondo". BDH confirms that it
has signed a non-binding letter of intent with Italian entrepreneur Leandro
Gualtieri for the acquisition of an equity interest in Societa delle Terme e del
Benessere S.p.A ("STB"), a company active in the management of luxury resorts
and thermal spas in Tuscany, Italy. The positive outcome of the negotiations
depends on the satisfaction of a number of conditions, including the conclusion
of satisfactory due diligence.
Enquiries:
Burani Designer Holding N.V
Investor Relations & Strategic Development Corporate Communications
Carol Brumer Daniela Zari
Via Montenapoleone, 2 Via Montenapoleone, 3
Milano, 20129 ITALY Milano, 20129 ITALY
Tel: +39 (0) 2 76 420 111 Tel: +39 (0) 2 76 015 354
Fax: +39 (0) 2 76 420 149 Fax: +39 (0) 2 76 420 177
e-mail: cbrumer@mariellaburani.com e-mail: dzari@mariellaburani.com
Lehman Brothers - NOMAD to Burani Designer Holding Tel: +44 207 102 1000
Ed Boyce/Matteo Saviotti
Citigate Dewe Rogerson - International Media/Analysts Tel: +44 207 638 9571
Kate Delahunty/Sarah Gestetner
This information is provided by RNS
The company news service from the London Stock Exchange
END
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