This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
Pallinghurst Resources – Faberge Announces Historic Unveiling of the All-White-Diamond Carnet de Bal Collection
HAMILTON, Bermuda – 07 December, 2010 – The Directors of Pallinghurst Resources Limited (the “Company”; Ticker: PALLRES.BH) are pleased to inform shareholders of the historic unveiling of Fabergé’s second high jewellery collection since 1917, the all-white-diamond “Carnet de Bal” collection.
Fusing tradition and modernity, and with pieces priced at up to US$1million, the “Carnet de Bal” collection draws inspiration from winter themes and works by Peter Carl Fabergé to deliver contemporary interpretations of styles reminiscent of the Belle Époque era.
The collection commemorates the splendour of bygone Russian winter celebrations - the banquets, balls and soirées that were a pivotal feature of St Petersburg society and Fabergé’s world at the turn of the 19th century. A “Carnet de Bal“ or dance card served to record the names and order of the gentlemen with whom a lady had agreed to dance, and also as a memento of the ball.
The announcement by Fabergé comes just fifteen months after the debut in September 2009 of Fabergé’s highly acclaimed “Les Fabuleuses” collection of multicoloured, intricately set, one-off jewellery creations.
For more information on Fabergé and the “Carnet de Bal” collection, see www.faberge.com.
The Company’s investment in Fabergé
Fabergé is one of the most revered names in history and to this day remains synonymous with artistry and craftsmanship. In 2007, the Company and certain Pallinghurst Co-Investors acquired the global portfolio of trademarks, licences and associated rights relating to the Fabergé name (which had been owned by Unilever since 1989). At 30 June 2010, the Company held a 48.88% indirect interest in Fabergé Limited.
Chief Executive Arne H. Frandsen, commented:
“After last year’s successful re-launch, the magnificent new collection is the next step in our strategy to re-establish Fabergé as one of the world’s most exclusive and valuable luxury brands”.
BSX Sponsor: First Bermuda Group Limited
Contact:
Michael Schroter, First Bermuda Group (441) 295-1330