[Federal Register Volume 63, Number 212 (Tuesday, November 3, 1998)]
[Notices]
[Page 59344]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29337]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Real Goods Trading Corporation, Common Stock, No Par
Value) File No. 1-12964
October 28, 1998
Real Goods Trading Corporation (``Company'') has filed an
application with the Securities and Exchange Commission
(``Commission''), pursuant to Section 12(d) of the Securities Exchange
Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to
withdraw the above specified security (``Security'') from listing and
registration on the Pacific Exchange, Inc. (``PCX'' or ``Exchange'').
The reasons cited in the application for withdrawing the Security
from listing and registration include the following:
The Security of the Company is listed for trading on the PCX, as
well as the Nasdaq and the Chicago Stock Exchange, Inc. (``CHX'').
The Company has complied with rules of the PCX by filing with the
Exchange a certified copy of the resolutions adopted by the Company's
Board of Directors authorizing the withdrawal of its Security from
listing and registration on the Exchange and by setting forth in detail
to the Exchange the facts and reasons supporting the proposed
withdrawal.
In deciding whether to withdrawal its Security from listing and
registration on the PCX, the Company considered the direct and indirect
costs and expenses attendant on maintaining the multiple listing of its
Security on the PCX, Nasdaq and CHX. The Company does not see any
particular advantage in multiply trading its Security and believes that
listing on the PCX does not appear to provide incremental benefit.
By letter dated August 5, 1998, the Exchange informed the Company
that it would not object to the withdrawal of the Company's Security
from listing and registration on the PCX.
This application relates solely to the withdrawal from listing on
the Company's Security from the Exchange and shall have no effect upon
the continued listing of the Security on the Nasdaq or the CHX.
By reason of Section 12 of the Act and the rules and regulations
thereunder, the Company shall continue to be obligated to file reports
under Section 13 of the Act with the Commission.
Any interested person may, on or before November 19, 1998, submit
by letter to the Secretary of the Securities and Exchange Commission,
450 Fifth Street, NW., Washington, DC 20549, facts bearing upon whether
the application has been made in accordance with the rules of the
Exchange and what terms, if any, should be imposed by the Commission
for the protection of investors. The Commission, based on the
information submitted to it, will issue an order granting the
application after the date mentioned above, unless the Commission
determines to order a hearing on the matter.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-29337 Filed 11-2-98; 8:45 am]
BILLING CODE 8010-01-M
