| Mon 6 Dec 2010, 12:09 | | PGL - Pallinghurst Resources Limited - FabergE announces historic unveiling of |
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PGL
PGL
PGL - Pallinghurst Resources Limited - FabergE announces historic unveiling of
the all-white-diamond "Carnet de Bal" collection
PALLINGHURST RESOURCES LIMITED
(Previously Pallinghurst Resources (Guernsey) Limited)
(Incorporated in Guernsey)
(Guernsey registration Number: 47656)
(South African external company registration number 2009/012636/10)
Share code on the BSX: PALLRES ISIN: GG00B27Y8Z93
Share code on the JSE: PGL
("Pallinghurst" or the "Company")
FabergE announces historic unveiling of the all-white-diamond "Carnet de Bal"
collection
The Directors are pleased to inform shareholders of the historic unveiling of
FabergE`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 FabergE to deliver contemporary interpretations of styles reminiscent
of the Belle Epoque era.
The collection commemorates the splendour of bygone Russian winter celebrations
- the banquets, balls and soirEes that were a pivotal feature of St Petersburg
society and FabergE`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 FabergE comes just fifteen months after the debut in
September 2009 of FabergE`s highly acclaimed "Les Fabuleuses" collection of
multicoloured, intricately set, one-off jewellery creations.
For more information on FabergE and the "Carnet de Bal" collection, see
www.faberge.com.
The Company`s investment in FabergE
FabergE 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 FabergE name (which had been owned by
Unilever since 1989). At 30 June 2010, the Company held a 48.88% indirect
interest in FabergE 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 FabergE as one of the world`s most
exclusive and valuable luxury brands".
Investor Relations
Johannes van Niekerk, CapitalVoice
Tel +27(0)82 921 9110
johannes@capitalvoice.co.za
Guernsey
6 December 2010
Sponsor
Investec Bank Limited
Date: 06/12/2010 12:09:03 Produced by the JSE SENS Department.
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