0000876661-16-001413.txt : 20161118
0000876661-16-001413.hdr.sgml : 20161118
20161118130805
ACCESSION NUMBER: 0000876661-16-001413
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20161118
DATE AS OF CHANGE: 20161118
EFFECTIVENESS DATE: 20161118
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Performance Sports Group Ltd.
CENTRAL INDEX KEY: 0001514242
STANDARD INDUSTRIAL CLASSIFICATION: [3949]
IRS NUMBER: 000000000
STATE OF INCORPORATION: A1
FISCAL YEAR END: 0531
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36506
FILM NUMBER: 162007213
BUSINESS ADDRESS:
STREET 1: 100 DOMAIN DRIVE
CITY: EXETER
STATE: NH
ZIP: 03833
BUSINESS PHONE: 603-610-5802
MAIL ADDRESS:
STREET 1: 100 DOMAIN DRIVE
CITY: EXETER
STATE: NH
ZIP: 03833
FORMER COMPANY:
FORMER CONFORMED NAME: Bauer Performance Sports Ltd.
DATE OF NAME CHANGE: 20110302
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
1514242
Performance Sports Group Ltd.
001-36506
100 Domain Drive
Exeter
NH
NEW HAMPSHIRE
03833
+1.603.610.5802
Common Shares
17 CFR 240.12d2-2(b)
Benjamin Sawyer
Manager
2016-11-18
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
New York Stock Exchange LLC (the 'Exchange' or the 'NYSE') hereby notifies the Securities and Exchange Commission ('SEC') of its intention to remove the entire class of Common Stock ('Common Stock') of Performance Sports Group Ltd. (the 'Company') from listing and registration on the Exchange at the opening of business on November 29, 2016, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the Common Stock is no longer suitable for continued listing and trading on the Exchange.
The Exchange reached its decision pursuant to Section 802.01D of the Listed Company Manual (the 'Manual') based on the Company's October 31, 2016 announcement that it filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware and commenced proceedings under the Companies' Creditors Arrangement Act in Ontario Superior Court of Justice.
1. Section 802.01D of the Manual states that the Exchange would normally give consideration to suspending or removing from the list a security of a company when 'an intent to file under any of the sections of the bankruptcy law has been announced or a filing has been made or liquidation has been authorized and the company is committed to proceed'.
2. Based on the Company's October 31, 2016 announcement mentioned above, on October 31, 2016, the Exchange determined that the Common Stock of the Company should be suspended immediately from trading prior to the open, and directed the preparation and filing with the SEC of this application for the removal of the Common Stock from listing and registration on the Exchange. The Company was notified by phone and by letter on October 31, 2016.
3. Pursuant to the above authorization, a press release was issued on October 31, 2016 along with an announcement on the 'ticker' of the Exchange at the opening of the trading session stating the suspension of trading in the Common Stock. Similar information was also included on the Exchange’s website.
4. The Company had a right to appeal to the Committee for Review of the Board of Directors of NYSE Regulation the determination to delist its Common Stock, provided that it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of delisting determination. The Company did not file such request within the specified time period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.