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This excerpt taken from the LUX 6-K filed Jan 31, 2006. Milan,
Italy - December 23, 2005 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX)
today announced that it expects to pay dividends for fiscal year 2005 for the
Group’s ordinary shares in June 2006. The Group does not expect to adopt a
policy of interim dividend distribution for fiscal year 2006.
Luxottica Group will promptly inform the market of any changes with respect to the date indicated in this announcement, in accordance with applicable regulation.
This announcement about the payment of dividends for fiscal year 2005 and 2006 is specifically made in accordance with the rules specified in Article IA.2.1.2. paragraph 1, lett. a) and b) of the Regulation of the Markets Organized and Managed by Borsa Italiana S.p.A.
2
Set forth below is the text of a press release issued on January 27, 2006.
These excerpts taken from the LUX 6-K filed Nov 7, 2005. Milan, Italy — October 27, 2005 - Luxottica Group
S.p.A. (NYSE: LUX; MTA: LUX), global leader in the eyewear sector, today announced
consolidated U.S. GAAP results for the three- and nine-month periods ended
September 30, 2005.
Milan, Italy — October 27, 2005 - Luxottica Group
S.p.A. (NYSE: LUX; MTA: LUX), global leader in the eyewear sector, today announced
consolidated U.S. GAAP results for the three- and nine-month periods ended
September 30, 2005.
These excerpts taken from the LUX 6-K filed Oct 7, 2005. MILAN,
Italy, October 4, 2005 - Luxottica Group S.p.A. (NYSE LUX; MTA: LUX),
today announced that it will acquire Ming Long Optical, the largest premium
optical chain in the province of Guangdong, China. As a result, the Group
becomes the leading operator of premium optical stores in China, with a total
of 278 locations in two of the top three premium optical markets in Mainland China
- Beijing and the Guangdong province - as well as in Hong Kong, the most
important market in Asia for luxury goods.
Leonardo Del Vecchio, chairman of Luxottica Group, commented: “In our view, China is the next big market for fashion and premium eyewear, hence our desire to quickly build critical mass to be the leaders from the onset.”
“Today’s acquisition firmly establishes our Group’s leadership position in the premium segment in that market, nicely complementing the strength of our portfolio - especially in premium and fashion brands - and our Group’s long-term experience in premium optical and sun retail in some of the world’s most important eyewear markets. Next, our team on the ground will focus on consolidating our presence while creating the best premium optical retail model for the Chinese market.”
Luxottica Group will acquire 100 percent of the equity interest in Ming Long Group for a purchase price of RMB 290 million (approx. Euro 29 million). Ming Long Optical is expected to post sales for fiscal year 2005 of approx. RMB 115 million (approx. Euro 12 million).
Ming Long Optical brings to the Group 133 stores mainly in the Guangdong province. Luxottica Group recently announced the acquisition of Xueliang Optical in Beijing, now with 77 stores, it also already operates 68 stores in Hong Kong.
As customary, completion of the transaction remains subject to approval by the relevant Chinese governmental authorities. Luxottica Group currently anticipates receiving such approvals by Spring 2006.
4
MILAN,
Italy, October 4, 2005 - Luxottica Group S.p.A. (NYSE LUX; MTA: LUX),
today announced that it will acquire Ming Long Optical, the largest premium
optical chain in the province of Guangdong, China. As a result, the Group
becomes the leading operator of premium optical stores in China, with a total
of 278 locations in two of the top three premium optical markets in Mainland China
- Beijing and the Guangdong province - as well as in Hong Kong, the most
important market in Asia for luxury goods.
Leonardo Del Vecchio, chairman of Luxottica Group, commented: “In our view, China is the next big market for fashion and premium eyewear, hence our desire to quickly build critical mass to be the leaders from the onset.”
“Today’s acquisition firmly establishes our Group’s leadership position in the premium segment in that market, nicely complementing the strength of our portfolio - especially in premium and fashion brands - and our Group’s long-term experience in premium optical and sun retail in some of the world’s most important eyewear markets. Next, our team on the ground will focus on consolidating our presence while creating the best premium optical retail model for the Chinese market.”
Luxottica Group will acquire 100 percent of the equity interest in Ming Long Group for a purchase price of RMB 290 million (approx. Euro 29 million). Ming Long Optical is expected to post sales for fiscal year 2005 of approx. RMB 115 million (approx. Euro 12 million).
Ming Long Optical brings to the Group 133 stores mainly in the Guangdong province. Luxottica Group recently announced the acquisition of Xueliang Optical in Beijing, now with 77 stores, it also already operates 68 stores in Hong Kong.
As customary, completion of the transaction remains subject to approval by the relevant Chinese governmental authorities. Luxottica Group currently anticipates receiving such approvals by Spring 2006.
4
These excerpts taken from the LUX 6-K filed Jul 29, 2005. Milan, Italy – July 27, 2005 - Luxottica
Group S.p.A. (NYSE: LUX; MTA: LUX),
global leader in the eyewear sector, today announced consolidated U.S. GAAP
results for the three- and six-month periods ended June 30, 2005.
Milan, Italy – July 27, 2005 - Luxottica
Group S.p.A. (NYSE: LUX; MTA: LUX),
global leader in the eyewear sector, today announced consolidated U.S. GAAP
results for the three- and six-month periods ended June 30, 2005.
These excerpts taken from the LUX 6-K filed Feb 15, 2005. Milan, Italy - February 15, 2005
- Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), global leader
in the eyewear sector, today announced consolidated U.S. GAAP results for the
three- and twelve-month periods ended December 31, 2004. Consolidated results
for the quarter and the full year include the consolidation of the Cole
National business as of October 4, 2004.
Milan, Italy - February 15, 2005
- Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), global leader
in the eyewear sector, today announced consolidated U.S. GAAP results for the
three- and twelve-month periods ended December 31, 2004. Consolidated results
for the quarter and the full year include the consolidation of the Cole
National business as of October 4, 2004.
These excerpts taken from the LUX 6-K filed Feb 15, 2005. Milan, Italy - February 8, 2005 - Luxottica Group
S.p.A. (NYSE: LUX; MTA: LUX), the worldwide leader
in the eyewear sector, today announced the start of the compulsory acquisition
process for all remaining shares in OPSM Group Limited (ASX: OPS) not already
owned by Luxottica Group.
On January 4, 2005, Luxottica Group launched through its wholly-owned subsidiary Luxottica South Pacific Pty Ltd an off-market takeover offer for all the Australian Stock Exchange-listed OPSM Group shares it did not already own. At the close of the offer on February 7, 2005, Luxottica Group held 98.5 percent of OPSM Group shares, which is in excess of the compulsory acquisition threshold.
Leonardo Del Vecchio, chairman of Luxottica Group, commented: “We are pleased with the positive response to the offer by OPSM Group shareholders.”
“Today OPSM Group is already a leading optical retailer in Australia and enjoys a strong foothold in the important Hong-Kong market. We now look forward to maximizing opportunities for OPSM Group and the entire organization in both the Australian market and the Asia-Pacific region.”
Luxottica Group anticipates that the Australian Stock Exchange will suspend trading in OPSM Group shares on or shortly after February 15, 2005, and delist OPSM Group shares from the Australian Stock Exchange on the third business day of the suspension. The compulsory acquisition process is expected to complete on or shortly after March 23, 2005.
The total value of the offer for the shares not previously held by Luxottica Group is approximately A$103 million, or approximately €62 million (at an exchange rate of €1 = A$1.66). Luxottica Group had offered A$4.35 per share in cash for each OPSM Group share, which was adjusted to A$4.20 to reflect OPSM Group’s declaration of a dividend of A$0.15 per share.
Milan, Italy - February 8, 2005 - Luxottica Group
S.p.A. (NYSE: LUX; MTA: LUX), the worldwide leader
in the eyewear sector, today announced the start of the compulsory acquisition
process for all remaining shares in OPSM Group Limited (ASX: OPS) not already
owned by Luxottica Group.
On January 4, 2005, Luxottica Group launched through its wholly-owned subsidiary Luxottica South Pacific Pty Ltd an off-market takeover offer for all the Australian Stock Exchange-listed OPSM Group shares it did not already own. At the close of the offer on February 7, 2005, Luxottica Group held 98.5 percent of OPSM Group shares, which is in excess of the compulsory acquisition threshold.
Leonardo Del Vecchio, chairman of Luxottica Group, commented: “We are pleased with the positive response to the offer by OPSM Group shareholders.”
“Today OPSM Group is already a leading optical retailer in Australia and enjoys a strong foothold in the important Hong-Kong market. We now look forward to maximizing opportunities for OPSM Group and the entire organization in both the Australian market and the Asia-Pacific region.”
Luxottica Group anticipates that the Australian Stock Exchange will suspend trading in OPSM Group shares on or shortly after February 15, 2005, and delist OPSM Group shares from the Australian Stock Exchange on the third business day of the suspension. The compulsory acquisition process is expected to complete on or shortly after March 23, 2005.
The total value of the offer for the shares not previously held by Luxottica Group is approximately A$103 million, or approximately €62 million (at an exchange rate of €1 = A$1.66). Luxottica Group had offered A$4.35 per share in cash for each OPSM Group share, which was adjusted to A$4.20 to reflect OPSM Group’s declaration of a dividend of A$0.15 per share.
This excerpt taken from the LUX 6-K filed Jan 14, 2005. Milan, Italy
- January 5, 2005 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX) announced that
its subsidiary, Cole National Corporation, today sold all its shares in Pearle
Europe B.V., representing approximately 21 percent of that company’s
outstanding shares, to HAL Investments B.V., a subsidiary of HAL Holding N.V.
(AEX: HTTCU), for a cash purchase price of Euro 144 million (or approximately
US$191 million calculated for convenience at the January 4, 2005 noon buying
rate). HAL Investments holds the balance of Pearle Europe’s outstanding shares
(except for approximately one percent held by management).
Luxottica Group gained control of the Pearle Europe shares in October 2004, as a result of its acquisition of the Cole National business. The sale, Luxottica Group noted, was required by the Articles of Association of Pearle Europe in light of the acquisition. Luxottica Group also noted that holding an interest today in an optical retail chain in the still highly fragmented European market is not strategic for the Group. | EXCERPTS ON THIS PAGE:
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