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62 FR (06/24/1997) » 97-16537. Issuer Delisting; Notice of Application To Withdraw From Listing and Registration; (The Great Train Store Company, Common Stock, $0.01 Par Value)
97-16537. Issuer Delisting; Notice of Application To Withdraw From Listing and Registration; (The Great Train Store Company, Common Stock, $0.01 Par Value)
[Federal Register Volume 62, Number 121 (Tuesday, June 24, 1997)]
[Notices]
[Page 34096]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-16537]
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SECURITIES AND EXCHANGE COMMISSION
[File No. 1-13158]
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (The Great Train Store Company, Common Stock, $0.01
Par Value)
June 18, 1997.
The Great Train Store Company (``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 (``PCX'' or ``Exchange'').
The reasons cited in the application for withdrawing the Security
from listing and registration include the following:
The Company has registered its Security for inclusion on the Nasdaq
National Market effective on April 17, 1997. The Security began trading
at the opening of business on April 29, 1997.
In making the decision to withdraw its Security from listing on the
Exchange, the Company considered (i) the direct and indirect costs and
expenses associated with maintaining a listing on the Exchange
concurrently with the Company's inclusion in the Nasdaq National
Market; and (ii) the possibility that the dual listing would fragment
the market for the Company's securities.
According to the Company, it has complied with rules of the PCX by
filing with such Exchange a copy of the resolution adopted by the
Company's Board of Directors authorizing the withdrawal of its security
from listing on the PCX and by setting forth in detail to such Exchange
the reasons for such proposed withdrawal, and the facts in support
thereof.
Any interested person may, on or before July 10, 1997, 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
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. 97-16537 Filed 6-23-97; 8:45 am]
BILLING CODE 8010-01-M
Document Information
- Published:
- 06/24/1997
- Department:
- Securities and Exchange Commission
- Entry Type:
- Notice
- Document Number:
- 97-16537
- Pages:
- 34096-34096 (1 pages)
- Docket Numbers:
- File No. 1-13158
- PDF File:
-
97-16537.pdf