[Federal Register Volume 60, Number 121 (Friday, June 23, 1995)]
[Notices]
[Page 32725]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-15418]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (Elan Corporation plc, American Depositary Shares
Evidenced by American Depositary Receipts, Representing Ordinary
Shares, Par Value 4 Irish Pence; Warrants To Purchase Ordinary Shares,
par Value 4 Irish Pence, Represented by American Depositary Shares,
Evidenced by American Depositary Receipts of Elan Corporation, plc)
File No. 1-10416
June 19, 1995.
Elan Corporation, plc (``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
securities (``Securities'') from listing and registration on the
American Stock Exchange, Inc. (``Amex'').
The reasons alleged in the application for withdrawing the
Securities from listing and registration include the following:
According to the Company, in addition to being listed on the Amex,
the Securities are listed on the New York Stock Exchange, Inc.
(``NYSE'').
In making the decision to withdraw the Securities from listing on
the Amex, the Company considered the direct and indirect costs and
expenses in connection with maintaining the dual listing of the
Securities on the NYSE and on the Amex. The Company does not see any
particular advantage in the dual trading of the Securities and believes
that dual listing would fragment the market for the Securities.
Any interested person may, on or before July 11, 1995, 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 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. 95-15418 Filed 6-22-95; 8:45 am]
BILLING CODE 8010-01-M
