Tender Offer
February 28 2008 - 5:04AM
UK Regulatory
RNS Number:9382O
Global Brands S.A.
28 February 2008
For Immediate Release
Global Brands, S.A. (the "Company")
Tender Offer to acquire up to 404,214 ordinary shares of CHF2.10 each at
US$2.2427
Further to the announcement dated 12 February 2008, the Directors can confirm
that a tender offer document ("Tender Offer") together with a form of tender
("Tender Form), issued by Mr Moldawsky and Mr Lachovitz, and approved for the
purposes of section 21 of the Financial Services and Markets Act 2000 by
Zimmerman Adams International Limited, has been posted to shareholders, other
than Belvis S.a.r.l., today. This is accompanied by a letter to Shareholders
from the new Executive Chairman Yair Hasson.
The Tender Offer, will be available to those shareholders , other than Belvia,
on the register of the Company on 25 March 2008. The Tender Offer will
remain open for 15 business days from today.
The Tender Offer, for depository interest holders ,will close at 1:00 p.m.
London Time, onTuesday 25 March 2008. The Tender Offer for certificated holders
will close at 3:00 p.m. London Time, on Tuesday 25 March 2008.
The Tender Offer is avalialble to all shareholders, other than Belvia, with
registered addresses outside the United States, Canada, Australia, the Republic
of South Africa or Japan or their territories or possessions.
The Tender Offer, Tender Form and letter to Shareholders are available on the
Company website: www.globalbrands.ch
Dated: 28 February 2008
For further information please contact:
Zimmerman Adams:
Graeme Thom +44 (0)20 7060 1760
Fiona Kinghorn
Hichens Harrison:
Daniel Briggs +44 (0)20 7382 4450
This information is provided by RNS
The company news service from the London Stock Exchange
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