RNS Number : 5043D
  Burani Designer Holding N.V.
  16 September 2008
   





    

    BURANI DESIGNER HOLDING N.V.
    UPDATE ON PARTIAL TENDER OFFER FOR UP TO 15% SHARES IN MARIELLA BURANI FASHION GROUP

    Burani Designer Holding N.V. ("BDH") (AIM: BRDH), a company offering Italian lifestyle products and services to customers world-wide,
notifies that the following announcement has been made in connection with the publication of the Tender Offer Document in relation to the
partial tender offer for up to 4,486,154 shares in its subsidiary Mariella Burani Fashion Group S.p.A., announced on 8 August 2008.

    Notice of publication of tender offer document pursuant to art. 38, paragraph 2 of consob regulation no. 11971 of 14 may 1999 ("issuer's
regulation")

    VOLUNTARY PARTIAL TENDER OFFER
    pursuant to art. 102 of Legislative Decree no. 58 of 24 February 1998 ("TUF")
    in respect of the ordinary shares of 
    MARIELLA BURANI FASHION GROUP 
    with registered office in via della Repubblica 86, Cavriago (RE)
    Tax code and registration number with companies register of Reggio Emilia 00145630356

    OFFEROR
    Mariella Burani Family Holding S.p.A.

    FINANCIAL INSTRUMENTS IN RESPECT OF WHICH OFFER IS MADE
    4,486,154 of the outstanding ordinary shares of Mariella Burani Fashion Group S.p.A., equal to 15% of share capital

    CONSIDERATION PER SHARE
    Euro 17.50 per ordinary shares of Mariella Burani Fashion Group S.p.A.

    OFFER PERIOD AGREED WITH BORSA ITALIANA S.P.A.
    From 8.00 a.m. on 18 September 2008 to 5.30 p.m. on 22 October 2008, inclusive

    PAYMENT DATE FOR SHARES TENDERED
    27 October 2008

    FINANCIAL ADVISER OF THE OFFEROR AND COLLECTION CO-ORDINATOR
    CENTROBANCA - BANCA DI CREDITO FINANZIARIO E MOBILIARE S.P.A.

    The Tender Offer Document, including the Issuer's notice approved pursuant to art. 103, paragraph 3 of TUF, the publication of which
received Consob approval number 8084286 on 11 September 2008, is available to the public from:

 (i)    the office of Borsa Italiana S.p.A. at piazza degli Affari 6, Milan;
 (ii)   the registered office of the Offeror at via della Repubblica 86,
        Cavriago (RE);
 (iii)  the registered office of the collection coordinator, Centrobanca -
        Banca di Credito Finanziario e Mobiliare S.p.A., at corso Europa 16,
        Milan; 
 (iv)   the registered office of the Issuer at via della Repubblica 82,
        Cavriago (RE).

    The Tender Offer Document is also available on the Issuer's website www.mariellaburani.com

    Mariella Burani Fashion Group (MBFG) designs, produces and distributes world wide a diversified and complementary range of Luxury
apparel, footwear, leather accessory and jewellery collections under its own brands and under license for prestigious international
designers. MBFG founded in 1960 by Walter Burani, Chairman and CEO of the Group listed in the STAR segment of the Italian stock exchange
since July, 2000, is today an internationally recognised public company with an established position in the accessible luxury goods market.
The Group's dynamic revenue growth is attributable to internal development including product diversification, brand expansion, and new
geographic market penetration. The Group has also made strategic acquisitions to capitalise on the know-how and experience developed by
niche players in the Italian apparel, knitwear, textile and leather goods sectors.  
    MBFG manages to provide top quality luxury goods at accessible prices by capitalising on the strength and flexibility provided by
Italy's industrial districts, world renown for their excellence in the development of luxury products. The Group's aim is to become one of
the leading players in the accessible luxury market worldwide by further developing its product offering, its brand portfolio, and its
global distribution network.  


    Contacts
    
    Carol Brumer Investor Relations and Strategic Development:, cbrumer@mariellaburani.com, tel. (+39) 02 76420111 
    Daniela Zari Corporate Communication:, dzari@mariellaburani.com, tel. (+39) 02 76015354

    www.mariellaburani.com   


    BDH Enquiries:

 Burani Designer Holding N.V.        Tel: +39 027 642 0111 / +39 348 256 1971
 Carol Brumer
 (cbrumer@buranidh.com)

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




    www.buranidh.com

    NOTES TO EDITORS

    The BDH Group offers a complementary range of "Italian lifestyle" products and services to an international customer base. BDH is a
player in fashion apparel, leather goods and jewellery through its subsidiary Mariella Burani Fashion Group S.p.A. (MBFG), and in three
complementary business segments - beachwear & underwear, wellness spas & skincare and food design. BDH, listed on London's Alternative
Investment Market (AIM) in June 2007, focuses on growth through the acquisition and integration of quality "Italian lifestyle" businesses
and the creation of operating divisions able to benefit from scale and synergies of the BDH Group. The management believes that the in-depth
knowledge of luxury products, the value created by strategic shareholders, the skills of the BDH team management as well as the Group's
investment approach, represent a great opportunity of value creation for shareholders.  






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