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DMH Bank of America

5.39
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bank of America NYSE:DMH NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.39 0.00 00:00:00

Ducati Motor Holding Announces the Resignation of Mr.Roberto Maestroni as Director of the Company and Co-option of Mr.Gabriele D

02/05/2007 6:58pm

PR Newswire (US)


Ducati Motor (NYSE:DMH)
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Vesting of Executive Powers BOLOGNA, Italy, May 2 /PRNewswire-FirstCall/ -- Pursuant to Article 114 of Legislative Decree no. 58 of February 22, 1998 (as amended), and of Article 66 of the Regulation adopted by Consob pursuant to resolution no. 11971 of May 14, 1999 (as amended) and of Article IA2.9.7 of the Instructions accompanying the Rules of the Markets organized and managed by Borsa Italiana S.p.A. During the meeting of the Board of Directors of Ducati Motor Holding S.p.A. (Borsa Italiana: DMH; NYSE: DMH) held today, Mr. Roberto Maestroni resigned his position as a director of the Company. The Board of Directors resolved to coopt Mr. Gabriele Del Torchio to fill the vacant position and vested Mr. Gabriele Del Torchio with executive powers related to the coordination of the Company's development strategies in coordination with the Company's Board of Directors and senior management. During the meeting of the Board of Directors of Ducati Motor Holding S.p.A. held on May 2, 2007, Mr. Roberto Maestroni resigned his position as a Director of the Company. Mr. Roberto Maestroni, formerly a non-executive director, resigned for personal reasons and the Board of Directors resolved to appoint by co-option Mr. Gabriele Del Torchio as a Director of the Company and to vest him with executive powers related to the coordination of the Company's development strategies. As of the date of his resignation, Mr. Roberto Maestroni held no shareholdings in Ducati Motor Holding S.p.A. and in its subsidiaries. Mr. Gabriele Del Torchio accepted the appointment and, in light of the executive powers delegated to him, qualifies as an executive director of Ducati Motor Holding S.p.A. Mr. Gabriele Del Torchio's curriculum vitae is available at the Company's registered office. As of the date of his appointment, Mr. Gabriele Del Torchio held no shareholdings in Ducati Motor Holding S.p.A. and in its subsidiaries. Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. The Company produces motorcycles in seven market segments which vary in their technical and design features and intended customers: Superbike, Supersport, Monster, Sport Touring, Multistrada SportClassic and the new Hypermotard. The Company's motorcycles are sold in more than 60 countries worldwide, with a primary focus in the Western European, Japan and North American markets. Ducati has won fourteen of the last sixteen World Superbike Championship titles and more individual victories than the competition put together. Since 2003 Ducati has also been taking part in the MotoGP World Championship. For more information about the Company, please visit our web site at http://www.ducati.com/ This press release is not an offer to invest in Italy, according to Art. 1, lett (t) of the Italian Legislative Decree no. 58 of February 24th, 1998, or in any other country. This press release cannot be transmitted or distributed to any persons in the United States or in any country where its distribution is not allowed without the express approval from the relevant authorities. DATASOURCE: Ducati Motor Holding S.p.A. CONTACT: For further information, please contact: Federico Strano Director Investor Relations Ducati Motor Holding S.p.A. Via Cavalieri Ducati, 3 Bologna 40132, Italy, e-mail: , Main Tel: +39-051-6413111, Direct Tel: +39-051-6413213-2

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