BRDH Burani

    RNS Number : 2582A
  Burani Designer Holding N.V.
  30 July 2008
   


    





     BURANI DESIGNER HOLDING N.V. 


    Transactions in MBFG shares
    and
    Renewal of put and call agreement on MBFG shares



    Burani Designer Holding N.V. ("BDH" or the "Company") announces that on 23 July 2008 it has sold 15,000 ordinary shares in Mariella
Burani Fashion Group (MBFG) at an average price of EUR 16.36 per share for a total consideration of EUR 245,400.
    As a result of this transaction, BDH currently holds 18,206,379 ordinary shares of MBFG, representing 60.88% of the total outstanding
shares of MBFG.


    Burani Designer Holding N.V. also announces that it has renewed, for a period up to 30 October 2008, the put and call option agreement
over 280,000 MBFG shares first announced on 14 January 2008 and renewed the fist time on 29 April 2008. All other terms of the original
agreement are unchanged.


    Enquiries:

    Burani Designer Holding N.V.         Tel: +39 02 7642 0111 / +39 348 256 1971
    Carol Brumer

    Citigate Dewe Rogerson                 Tel: +44 20 7638 9571
    Sally Marshak
    Lindsay Noton

    www.buranidh.com




This information is provided by RNS
The company news service from the London Stock Exchange
 
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