Press Releases
Notice, Rome 01 Dec 2009
Rome, December 1 2009 – Bulgari S.p.A. announces that Nicola Bulgari, Vice Chairman of the Company and member of the shareholders’ agreement, sold today to Italian and international institutional investors a total number of 4,000,000 shares (equal to 1.33% of the share capital) of which 2,300,000 personally owned and 1,700,000 (equal to 0.56% of the share capital) allotted in the shareholder’s agreement, in order to finance personal projects.
Paolo Bulgari and Francesco Trapani - respectively Chairman and Chief Executive Officer of the Bulgari Group, shareholders, and members of the shareholders’ agreement - agreed to this operation after having verified that it had no impact on the control of the Company.
As a result of this sale, the shareholders’ agreement continues to keep the absolute majority of the share capital at about 50.61%.
Bulgari is one of the global players on the luxury market. In 2008 the Group posted a turnover of 1,075.4 million Euro. Bulgari relies on a stores network in the most exclusive shopping areas in the world and on selected distributors. As of 30.09.2009 the number of the Bulgari stores in the world was 273 of which 169 as directly owned stores. Bulgari has a product portfolio that ranges from jewels and watches to accessories and perfumes. The Group is controlled by the Bulgari family, holding about 51% of the share capital. The remaining 49% is floating on the Milan Stock Exchange.
For further information
| Media relations | Relations with analysts/investors |
| Paolo Piantella | Renata Casaro |
| Corporate Financial Press Office Director | Investor Relations Director |
| tel. +39 335 786 33 36 | tel. +39 06 68 810 467 |
| e-mail paolo.piantella@bulgari.com | e-mail renata.casaro@bulgari.com |
| www.bulgari.com | http://ir.bulgari.com |