[Federal Register Volume 61, Number 136 (Monday, July 15, 1996)]
[Notices]
[Page 36944]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-17934]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Penn Engineering & Manufacturing Corp., Common
Stock, $.01 Par Value; Class A Common Stock, $.01 Par Value) File No.
1-5356
July 9, 1996.
Penn Engineering & Manufacturing Corp. (``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, it has listed the Security with the New
York Stock Exchange, Inc. (``NYSE''). In making the decision to
withdraw the Securities from listing on the Amex, the Company
considered that, in order to avoid the direct and indirect costs and
the division of the market resulting from dual listing of the
Securities on the Amex and the NYSE, it was in its best interest to
delist and suspend the trading of the Securities on the Amex upon the
admission of the Securities to trading on the NYSE.
Any interested person may, on or before July 30, 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. 96-17934 Filed 7-12-96; 8:45 am]
BILLING CODE 8010-01-M
