Plymouth Rubber (AMEX:PLR.B)
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SEC Grants Application of Plymouth Rubber Company, Inc. to
withdraw its Common Stock from listing on the AMEX
CANTON, Mass., Jan. 7 /PRNewswire-FirstCall/ -- Plymouth Rubber Company, Inc.
(AMEX:PLR.AAMEX:PLR.B) today announced that the Securities and Exchange
Commission, issued an order on January 6, 2005 granting the Company's
application to withdraw the listing of its Class A Common Stock and Class B
Common Stock on the American Stock Exchange. The order is effective at the
opening of business on January 7, 2005.
The Company is investigating the eligibility of either or both classes of stock
for deregistration under the Securities Exchange Act of 1934 and the rules and
regulations of the SEC, in which event the Company's obligation to file reports
under Section 13 of the Exchange Act with the SEC could be terminated.
Plymouth Rubber Company, Inc. manufactures and distributes plastic and rubber
products, including automotive tapes, insulating tapes, and other industrial
tapes and films. The Company's tape products are used by the electrical supply
industry, electric utilities, and automotive and other original equipment
manufacturers. Through its Brite-Line Technologies subsidiary, Plymouth
manufactures and supplies highway marking products.
This release contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities and
Exchange Act of 1934. The Company's actual results could differ materially
from those set forth in the forward-looking statements as a result of various
factors, including those referenced in the "Management's Discussion and
Analysis" section of the Company's most recent Annual Report on Form 10-K,
which is on file with the SEC.
Contact:
Joseph J. Berns
Vice President - Finance
(781) 828-0220 Ext. 1377
DATASOURCE: Plymouth Rubber Company, Inc.
CONTACT: Joseph J. Berns, Vice President - Finance of Plymouth Rubber
Company, +1-781-828-0220 ext. 1377
Web site: http://www.plymouthrubber.com/