[Federal Register Volume 62, Number 78 (Wednesday, April 23, 1997)]
[Notices]
[Pages 19845-19846]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-10436]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration; (Donnelly Corporation, Class A Common Stock, $0.10 
Par Value) File No. 1-9716

April 17, 1997.
    Donnelly Corporation (``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 cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Company 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 
common stock from listing on the Amex and by setting forth in detail to 
such Exchange the reasons for such proposed withdrawal, and the facts 
in support thereof. The Company became listed for trading on the New 
York Stock Exchange, Inc. (``NYSE'') pursuant to a Registration 
Statement on Form 8-A effective March 6, 1997.
    In making the decision to withdraw its common stock from listing on 
the Amex, the Company considered: (a) that the Company believes that 
the NYSE will offer the Company's shareholders more liquidity over time 
than is presently available on the Amex; (b) that the Company believes 
that listing on the NYSE will offer greater visibility for the Company 
and its stock potential for greater institutional ownership; (c) that 
as the Company becomes an increasingly international company, it 
believes there will be advantages to having its stock listed on the 
NYSE, and (d) many of the companies which it regards as peers or 
leaders in its industry are listed on the NYSE.
    Any interested person may, on or before May 8, 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

[[Page 19846]]

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. 97-10436 Filed 4-22-97; 8:45 am]
BILLING CODE 8010-01-M