Press Releases
Press release 2 October 2008
Pursuant 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, October 2nd 2008
Reference is made to the press release published last May 16th,
2008 (the Release) to inform that in accordance to those powers
granted by the board of directors on 15 May this year to the
Chairman Mr. Paolo Bulgari and to the Chief Executive Officer Mr.
Francesco Trapani, on September 11th, 2008:
1) certain Options were granted relating to the Benefits Plan as
shown in detail on scheme sub A) to follow;
2) the Chairman and the Chief Executive officer, for their own
competencies, granted new Options at their so called “normal
value” as better indicated in table sub B) to follow,
replacing those granted on June 20th, 2007.
The reason for such cancellation and subsequent implementation is
due to the actual financial 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).