Shareholder Disclosure
April 02 2009 - 2:00AM
UK Regulatory
TIDMBRDH
RNS Number : 9728P
Burani Designer Holding N.V.
02 April 2009
BURANI DESIGNER HOLDING N.V. ("Burani")
PLEDGE OVER 14,629,250 BURANI ORDINARY SHARES OWNED BY BURANI PRIVATE HOLDING
S.P.A
Burani Designer Holding N.V. (AIM: BRDH), a company offering Italian lifestyle
products and services to customers world-wide, announces that on 10 October 2007
its majority shareholder, Burani Private Holding (owning 53% of the Burani's
Ordinary Shares) S.p.A ("BPH"), created a secondary pledge in favour of
Interbanca S.p.A. ("Interbanca") over 14,629,250 Burani Ordinary Shares owned by
BPH (the "New Pledge"). The New Pledge replaced an existing pledge over Burani's
Ordinary Shares in favour of Intebanca pursuant to a deed of pledge dated 27
December 2006. The New Pledge was created with the aim of securing BPH's
monetary payment obligations owed to Interbanca under a new loan agreement.
Enquiries:
Burani Designer Holding N.V. Tel:+39 02 7642 0111
Carol Brumer
Shore Capital and Corporate Limited ("NOMAD") Tel:+44 20 7408 4090
Dru Danford / Stephane Auton
This information is provided by RNS
The company news service from the London Stock Exchange
END
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