[Federal Register Volume 69, Number 142 (Monday, July 26, 2004)]
[Notices]
[Pages 44554-44555]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-16920]


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SECURITIES AND EXCHANGE COMMISSION


Self-Regulatory Organizations; Notice of Application of Universal 
Display Corporation to Withdraw its Common Stock, $.01 Par Value From 
Listing and Registration on the Philadelphia Stock Exchange, Inc. File 
No. 1-12031

July 20, 2004.
    On July 9, 2004, Universal Display Corporation, a Pennsylvania 
corporation (``Issuer''), 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 Philadelphia Stock 
Exchange, Inc. (``Phlx'' 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 Board of Directors (``Board'') of the Issuer approved a 
resolution on June 15, 2004 to voluntarily withdraw its Security from 
listing on the Exchange. The Board states that it is taking such action 
for the following reasons: (i) The Security is currently listed on the 
Nasdaq National Market System (``Nasdaq'') and the Phlx; (ii) the 
Security has traded almost exclusively on Nasdaq over the past several 
years; (iii) according to the Phlx, there have been no trades on the 
Security on the

[[Page 44555]]

Exchange during the last two years; and (iv) the Board states that it 
is in the best interest of the Issuer and its stockholders to terminate 
listing the Security on the Exchange and to maintain its listing of the 
Security on Nasdaq.
    The Issuer states in its application that it has met the 
requirements of Phlx Rule 809 governing an issuer's voluntary 
withdrawal of a security from listing and registration. The Issuer's 
application relates solely to the withdrawal of the Security from 
listing on the Phlx and from registration under section 12(b) of the 
Act \3\ and 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 August 12, 2004, comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of the Phlx, and what terms, if any, should 
be imposed by the Commission for the protection of investors. All 
comment letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to [email protected]. Please include 
the File Number 1-12031 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 450 Fifth Street, NW., 
Washington, DC 20549-0609.
    All submissions should refer to File Number 1-12031. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 
Comments are also available for public inspection and copying in the 
Commission's Public Reference Room, 450 Fifth Street, NW., Washington, 
DC 20549. All comments received will be posted without change; we do 
not edit personal identifying information from submissions. You should 
submit only information that you wish to make available publicly.
    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. 04-16920 Filed 7-23-04; 8:45 am]
BILLING CODE 8010-01-P