[Federal Register Volume 61, Number 116 (Friday, June 14, 1996)]
[Notices]
[Pages 30264-30265]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15109]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 1-13596]
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (Disc Graphics, Inc., Common Stock, $.01 Par Value)
June 10, 1996.
Disc Graphics, Inc. (``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 American
Stock Exchange, Inc. (``Amex'').
The reasons alleged in the application for withdrawing the Security
from listing and registration include the following:
According to the Company, its Board of Directors unanimously
approved resolutions on December 14, 1995 to withdraw the Security from
listing on the Amex and instead, to list the Security on the Nasdaq
National Market (``NNM'').
The decision of the Board followed a thorough study of the matter
and was based upon the belief that listing the Security on the NNM will
be more beneficial to the Company's
[[Page 30265]]
stockholders than the present listing on the Amex because trading firms
are reluctant to trade or market securities listed on the Amex and that
this has been a factor in the thin volume and lack of interest in the
Company's Security. Also, because firms have not been interested in
trading the Company's Security, it has been difficult to obtain
research coverage for the Company. As a result, it is the Board's
belief that the Company's investors have not been as well served by an
Amex listing as they are likely to be by a NNM listing.
Any interested person may, on or before July 1, 1996 submit by
letter to the Secretary of the Securities and Exchange Commission, 450
Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon whether
the application has been made in accordance with the rules of the
exchanges 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. 96-15109 Filed 6-13-96; 8:45 am]
BILLING CODE 8010-01-M
