Head is finally leaving the stock exchange. Shareholders approved all the resolutions put forward at the company's annual meeting in Amsterdam on April 28, including a proposal to convert Head NV to a private liability company and to amend the articles of association. The company will no longer publish quarterly results, but it plans to continue publishing an annual report. After several tender offers, Johan Eliasch, Head's chief executive and major shareholder, made a successful bid last month at €1.10 a share for the 2.95 percent stake not yet under his control.

Topics