HEAD N.V. Announces Effectiveness of Termination of its Registration
under the United States Securities Exchange Act.
Amsterdam - June 8, 2009 - Head N.V. (VSX: HEAD, U.S. OTC: HEDYY.PK)
(the "Company") announced today that the termination of its
registration and reporting obligations under the United States
Securities Exchange Act of 1934, as amended (the "Exchange Act")
became effective on June 4, 2009, 90 days after the filing of a Form
15F with the United States Securities and Exchange Commission.
The Company's ordinary shares will continue to be listed and trade on
the Vienna Stock Exchange.
The termination of the Company's registration and reporting
obligations under the Exchange Act will not affect the Company's
business strategy in the United States nor its commitment to high
standards of corporate governance and financial reporting. The
Company has adopted International Financial Reporting Standards, or
IFRS, and will continue to make English translations of its interim
and annual reports and other press releases available on its website:
www.head.com.
About Head
HEAD N.V. is a leading global manufacturer and marketer of premium
sports equipment.
HEAD N.V.'s ordinary shares are listed on the Vienna Stock Exchange
("HEAD").
Our business is organized into four divisions: Winter Sports, Racquet
Sports, Diving and Licensing. We sell products under the HEAD
(tennis, squash and racquetball racquets, tennis balls, tennis
footwear, badminton products, alpine skis, ski bindings and ski
boots, snowboards, bindings and boots), Penn (tennis and racquetball
balls), Tyrolia (ski bindings), and Mares/Dacor (diving equipment)
brands.
We hold leading positions in all of our product markets and our
products are endorsed by some of the world's top athletes including
Andre Agassi, Hermann Maier, Bode Miller, Amelie Mauresmo, Svetlana
Kuznetsova, Novak Djokovic Andrew Murray, Ivan Ljubicic, Didier
Cuche, Marco Büchel, Patrick Staudacher, Maria Riesch and Sarka
Zahbrovska.
For more information, please visit our website: www.head.com
Analysts, investors, media and others seeking financial and general
information, please contact:
Clare Vincent, Investor Relations
Tel: +44 207 499 7800
Fax: +44 207 491 7725
E-mail: headinvestors@aol.com
Günter Hagspiel, Chief Financial Officer
Tel: +43 5574 608 150
Fax +43 5574 608 130
Head N.V.
Rokin 55
NL 1012 KK Amsterdam
ISIN: NL0000238301
Stock Market: Official Market of the Vienna Stock Exchange
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.