[Federal Register Volume 62, Number 52 (Tuesday, March 18, 1997)]
[Notices]
[Page 12866]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6713]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Medeva PLC, American Depositary Shares, Each One 
Representing Four Ordinary Shares, Par Value 10 Pence Sterling Per 
Share) File No. 1-10817

March 12, 1997.
    Medeva 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 
security (``Security'') from listing and registration on the American 
Stock Exchange, Inc. (``Amex'' or ``Exchange'').
    The reasons alleged in the application for withdrawing the Security 
from listing and registration include the following:
    According to the Company, it has complied with Rule 18 of the Amex 
by filing with such Exchange a certified copy of preambles and 
resolutions adopted by the Company's Board of Directors authorizing the 
withdrawal of its Security from listing on the Amex and by setting 
fourth in detail to such Exchange the reasons for such proposed 
withdrawal, and the facts in support thereof. The Company has listed 
for trading the Security on the New York Stock Exchange, Inc. 
(``NYSE'') effective March 4, 1997. Trading in the Security on the NYSE 
commenced at the opening of business on March 5, 1997. In making the 
decision to withdraw the Security from listing on the Amex, the Company 
considered that the direct and indirect costs and expenses and the 
division of the market do not justify maintaining the dual listing of 
the Security on the Amex and the NYSE. The Amex has informed the 
Company that it has no objection to the withdrawal of the Security from 
listing on the Exchange.
    Any interested person may, on or before April 2, 1997, 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. 97-6713 Filed 3-17-97; 8:45 am]
BILLING CODE 8010-01-M