Under Armour, Inc. Plans to List on the New York Stock Exchange
16 November 2006 - 2:00PM
Business Wire
Under Armour, Inc. (NASDAQ: UARM), a leading developer, marketer
and distributor of branded performance apparel, footwear and
accessories, today announced that it has filed an application to
list its securities on the New York Stock Exchange (NYSE). Pending
approval of its application, the Company anticipates that its
shares of Class A Common Stock will begin trading on the NYSE on
December 18, 2006, under the symbol �UA�. Until that time, the
Company�s shares will continue to trade on the NASDAQ National
Market under the symbol �UARM�. �We are excited about our new
relationship with the NYSE, and we appreciate our association with
NASDAQ and thank them for their support in the growth of our
company,� said Kevin A. Plank, Chairman and CEO of Under Armour.
�As our brand and our business become more global every day,
raising Under Armour�s visibility in the global financial markets
becomes increasingly more important. We are proud of the
performance we�ve delivered to shareholders and view this move as
an important milestone in the evolution of our company.� Under
Armour completed its IPO on November 18, 2005, nearly doubling its
share price from the $13 offering price to a closing price of
$25.30 in the first day of trading. In the first year of trading,
Under Armour shares have risen 85% from the closing price on the
first day of trading. �Under Armour is one of the fastest growing
brands in the world and a market leader in performance athletic
apparel � just the type of brand that thrives on the NYSE,� said
NYSE Group, Inc. CEO John A. Thain. �We are very pleased to welcome
Under Armour to our family of listed companies and look forward to
an outstanding partnership with the company and its shareholders.�
About Under Armour, Inc. Under Armour� (NASDAQ: UARM) is a leading
developer, marketer and distributor of branded performance apparel,
footwear and accessories. The brand's moisture-wicking synthetic
fabrications are engineered in many different designs and styles
for wear in nearly every climate to provide a performance
alternative to traditional natural fiber products. The Company's
products are sold worldwide and worn by professional football,
baseball, and soccer players, as well as athletes in major
collegiate and Olympic sports. The Under Armour European
headquarters is located in Amsterdam's Olympic Stadium, and its
global headquarters is located in Baltimore, MD. For further
information, please visit the Company's website at
www.underarmour.com. Under Armour, Inc. (NASDAQ: UARM), a leading
developer, marketer and distributor of branded performance apparel,
footwear and accessories, today announced that it has filed an
application to list its securities on the New York Stock Exchange
(NYSE). Pending approval of its application, the Company
anticipates that its shares of Class A Common Stock will begin
trading on the NYSE on December 18, 2006, under the symbol "UA".
Until that time, the Company's shares will continue to trade on the
NASDAQ National Market under the symbol "UARM". "We are excited
about our new relationship with the NYSE, and we appreciate our
association with NASDAQ and thank them for their support in the
growth of our company," said Kevin A. Plank, Chairman and CEO of
Under Armour. "As our brand and our business become more global
every day, raising Under Armour's visibility in the global
financial markets becomes increasingly more important. We are proud
of the performance we've delivered to shareholders and view this
move as an important milestone in the evolution of our company."
Under Armour completed its IPO on November 18, 2005, nearly
doubling its share price from the $13 offering price to a closing
price of $25.30 in the first day of trading. In the first year of
trading, Under Armour shares have risen 85% from the closing price
on the first day of trading. "Under Armour is one of the fastest
growing brands in the world and a market leader in performance
athletic apparel - just the type of brand that thrives on the
NYSE," said NYSE Group, Inc. CEO John A. Thain. "We are very
pleased to welcome Under Armour to our family of listed companies
and look forward to an outstanding partnership with the company and
its shareholders." About Under Armour, Inc. Under Armour(R)
(NASDAQ: UARM) is a leading developer, marketer and distributor of
branded performance apparel, footwear and accessories. The brand's
moisture-wicking synthetic fabrications are engineered in many
different designs and styles for wear in nearly every climate to
provide a performance alternative to traditional natural fiber
products. The Company's products are sold worldwide and worn by
professional football, baseball, and soccer players, as well as
athletes in major collegiate and Olympic sports. The Under Armour
European headquarters is located in Amsterdam's Olympic Stadium,
and its global headquarters is located in Baltimore, MD. For
further information, please visit the Company's website at
www.underarmour.com.
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