Home / Knowledge / News / HEAD announces intention to delist from NYSE
HEAD announces intention to delist from NYSE
10
Mar '08
Head N.V. a leading global manufacturer and marketer of sports equipment, announced its intention to delist its ordinary shares from the New York Stock Exchange and terminate its registration and reporting obligations under the US Securities Exchange Act of 1934.

Head NV will provide written notice to the NYSE of its intention to delist its ordinary shares. It intends to file a Form 25 with the Securities and Exchange Commission (SEC) on or about 21st March 2008 to effect the delisting. The delisting is expected to be effective 10 days after this filing.

Head NV intends to discontinue the movement of ordinary shares to its New York register (New York Shares) and facilitate the exchange of such New York Shares into ordinary shares listed on the Vienna Stock Exchange (Austrian Shares).

For a period of 90 calendar days beginning on 14th March, 2008 Head NV will cover the fee payable to The Bank of New York by holders of New York Shares upon surrender of New York Shares for exchange into Austrian Shares.

Moreover, Head NV will instruct The Bank of New York as transfer agent under the New York Share Program to close the New York Share register to further re-registrations of Austrian Shares or other ordinary shares for exchange into New York Shares beginning on March 14th.

However, The Bank of New York will continue to act as transfer and paying agent for existing New York Shares. In addition, The Bank of New York will accept the surrender of New York Shares for exchange into Austrian Shares.

Must ReadView All

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Textiles | On 22nd Mar 2017

Dyeing textiles with bacteria

As an alternative to toxic synthetic dyes, scientists are exploring...

Courtesy: BCG

Apparel/Garments | On 22nd Mar 2017

Consumption in India to touch $4 trillion by 2025: Report

Consumption in India is likely to triple to $4 trillion by 2025 as...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search