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Directors Dealing

6 May 2010 16:27

RNS Number : 4900L
Global Brands S.A.
06 May 2010
 



6th May 2010

 

Global Brands S.A. ("the Company")

 

Directors Dealing

 

The Company was informed on 6th May that on 5th May Vancor Limited, a company beneficially owned by Bruce Vandenberg, purchased 2,302,517 ordinary shares from NobleRock Capital s.ar.l at a price of GBP 0.0150 per share.

 

In addition, the Company was informed on 6th May that on 5th May Bruce Vandenberg purchased 700,000 ordinary shares at a price of GBP 0.021429 per share from the market.

 

Following this, Bruce Vandenberg, or companies of which he is the beneficial owner, now hold a total of 3,002,517 ordinary shares, representing 2.71% of the Company's issued share capital.

 

As a result of this transaction, NobleRock Capital s.ar.l now holds 43,747,822 ordinary shares, representing 39.6% of the Company's issued share capital.

 

The Company was also informed on 6th May that on 5th May Roberto Avondo purchased 700,000 ordinary shares at a price of GBP 0.021429 per share. Following this, Roberto Avondo now holds a total of 700,000 ordinary shares, representing 0.63% of the Company's issued share capital.

 

 

ENDS

 

For further information:

 

Global Brands S.A.

www.globalbrands.ch

Simon Bentley, Chairman

Tel: (0) 20 7317 8022

ZAI Corporate Finance Ltd

www.zimmint.com

Marc Cramsie

Tel: (0)20 7060 1760

Graeme Thom

Tel: (0)20 7060 1760

Alexander David Securities Ltd

Fiona Kinghorn

www.ad-securities.com

Tel: (0)20 7448 9832

Bill Sharp

Tel: (0)20 7448 9820

Financial Dynamics

Jonathon Brill

www.fd.com

Tel: (0)20 7831 3113

Caroline Stewart

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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