BRDH Burani

 

TIDMBRDH 
 
RNS Number : 8407R 
Burani Designer Holding N.V. 
07 May 2009 
 

BURANI DESIGNER HOLDING N.V. ("Burani") 
 
 
THE PROJECT TO REVIEW THE PROPOSED MERGER BY INCORPORATION OF ANTICHI 
PELLETTIERI S.P.A. INTO MARIELLA BURANI FASHION GROUP S.P.A. HAS BEEN SET ASIDE 
 
 
Further to the public announcement of March the 14th 2009, Burani Designer 
Holding N.V. (AIM: BRDH), a company offering Italian lifestyle products and 
services to customers world-wide, today announces  that the board of directors 
of both Mariella Burani Fashion Group S.p.A. ("MBFG") and of Antichi Pellettieri 
S.p.A. ("AP") have resolved to set aside the project to review the merger by 
incorporation of Antichi Pellettieri S.p.A. into Mariella Burani Fashion Group 
S.p.A. 
The full text of the joint announcement made by MBFG and AP is set out below. 
 
 
Enquiries: 
Burani Designer Holding N.V.                                    Tel:+39 02 7642 
0111 
Carol Brumer 
 
 
Shore Capital (NOMAD)     Tel:+44 20 7408 4090 
Dru Danford / Stephane Auton 
 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE USA 
 
 
 
 
JOINT PRESS RELEASE 
Cavriago, May 7th, 2009 
 
 
POSTPONEMENT OF THE DECISION ON THE PROPOSED MERGER BY INCORPORATION OF ANTICHI 
PELLETTIERI S.P.A. INTO MARIELLA BURANI FASHION GROUP S.P.A. 
 
 
The Boards of Directors of Mariella Burani Fashion Group S.p.A. and Antichi 
Pellettieri S.p.A. have resolved to put aside for the time being the project of 
merger by incorporation of Antichi Pellettieri S.p.A. into Mariella Burani 
Fashion Group S.p.A. 
 
 
Further to the public announcements on 14 March 2009 and 1st April 2009, the 
Boards of Directors of Mariella Burani Fashion Group S.p.A. ("MBFG") and Antichi 
Pellettieri S.p.A. ("AP"), which met yesterday, have examined and discussed the 
proposed transaction concerning the merger by incorporation of AP into the 
parent company MBFG (the "Merger"). 
Considering the challenging general economic landscape, the current phase of 
instability of the financial markets, the Boards of MBFG and AP have deemed 
advisable to set aside for the time being the merger project, in order to carry 
out further in-depth analysis aimed at ensuring the highest safeguards and 
transparency to all shareholders also with respect to the determination of the 
exchange rate. 
In the event that, pursuant to such in-depth analysis, and in light of the 
evolution of the market situation, the Boards should decide to resume the merger 
process, the companies will provide the relevant prompt disclosure to the 
market. 
 
 
Contacts: 
Investor Relations e Strategic Development: Carol Brumer, tel. (+39) 02 76420111 
e-mail: cbrumer@mariellaburani.com 
Direttore Corporate Communication: Daniela Zari, tel. (+39) 02 76015354 e-mail: 
dzari@mariellaburani.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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