Press Releases
Press release 6 June 2008
Pursuant to the combined provisions of articles 66 and 84 bis of the Regulation implementing Legislative Decree no. 58 of 24 February 1998, concerning the regulation of issuers.
Rome, June 6th, 2008
Reference is made to the press release published last May 16th,
2008 to inform that in accordance to those powers granted by the
board of directors to respectively the Chairman Mr. Paolo Bulgari
and the Chief Executive Officer Mr. Francesco Trapani, on May 30th,
2008:
1) certain compensation schemes based on the Bulgari shares have
been implemented as indicated on scheme A) to follow;
2) the Chairman and the Chief Executive officer, for their own
competencies, decided to cancel the implementation of certain
compensation schemes done last June 20th, 2008 and to implement new
ones, granting right to purchase Bvlgari shares at the normal value
as better indicated in table B) to follow.
The reason for such cancellation and subsequent implementation is
due to the actual market conditions which, so far, render such
instrument no more motivating.
This press release is prepared in accordance to rule 84-bis,
paragraph 5(a) of the Regulation implementing Legislative Decree
no. 58 of 24 February 1998, concerning the regulation of
issuers.
For any other detail not expressly discussed in this document
reference should be made to the ì Information Document and
to the relevant press releases already published and available on
http://ir.bulgari.com
The recipients of the Options, the date of related resolution adopted by shareholders, the date in which the competent body granted the Options, the strike price, the market price and the number of financial instruments underlying the Options are set out in table sub A) and sub B).