[Federal Register Volume 68, Number 101 (Tuesday, May 27, 2003)]
[Notices]
[Pages 28864-28865]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-13096]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration on the American Stock Exchange LLC (Atlantic Premium 
Brands, Ltd., Common Stock, $.01 par value) File No. 1-13747

May 19, 2003.
    Atlantic Premium Brands, Ltd., a Delaware corporation (``Issuer''), 
has filed an application with the Securities and Exchange Commission 
(``Commission''), pursuant to section 12(d) of the Securities Exchange 
Act of 1934 (``Act'')\1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw 
its Common Stock, $.01 par value (``Security''), from listing and 
registration on the American Stock Exchange LLC (``Amex'' or 
``Exchange'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Issuer stated in its application that it has met the 
requirements of Amex Rule 18 by complying with all applicable laws in 
the State of Delaware, in which it is incorporated, and with the Amex's 
rules governing an issuer's voluntary withdrawal of a security from 
listing and registration.
    The Board of Directors (``Board'') of the Issuer approved a 
resolution on May 14, 2003 to withdraw the Issuer's Security from 
listing on the Amex. The Board considered such action to be in the best 
interest of the Issuer and its stockholders. In addition, the Board 
states that it took into account alternatives explored by the Issuer, 
including, without limitation, that: (i) The significant costs 
associated with maintaining the Issuer's status as a reporting company 
are expected to increasingly reduce profitability; (ii) the limited 
volume of trading of the Issuer's Security has resulted in the shares 
not providing a practical source of capital or liquidity; and (iii) no 
analysts currently cover the Issuer and its Security. The Issuer states 
in its application that it is currently seeking to list its Security on 
the Pink Sheets.
    The Issuer's application relates solely to the withdrawal of the 
Securities from listing on the Amex and from registration under section 
12(b) of the

[[Page 28865]]

Act \3\ shall not affect its obligation to be registered under section 
12(g) of the Act.\4\
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    \3\ 15 U.S.C. 781(b).
    \4\ 15 U.S.C. 781(g).
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    Any interested person may, on or before June 12, 2003, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the Amex 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.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 03-13096 Filed 5-23-03; 8:45 am]
BILLING CODE 8010-01-P