Sportswear and athletic shoe firm Fila Holding Spa on Sunday said it was now back in compliance with New York Stock Exchange (NYSE) listing regulations.

The Biella-based company said during the second half of 2002 its share price fell below the minimum $1 level required by the NYSE, and it did not maintain the necessary global market capitalisation and total shareholders' equity of more than $50 million.

But it added it was now in compliance with the listing standards and the NYSE will continue to monitor its performance for the next three months at least.