0000876661-19-001245.txt : 20191213
0000876661-19-001245.hdr.sgml : 20191213
20191213112443
ACCESSION NUMBER: 0000876661-19-001245
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20191213
DATE AS OF CHANGE: 20191213
EFFECTIVENESS DATE: 20191213
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: KEY ENERGY SERVICES INC
CENTRAL INDEX KEY: 0000318996
STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389]
IRS NUMBER: 042648081
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08038
FILM NUMBER: 191283801
BUSINESS ADDRESS:
STREET 1: 1301 MCKINNEY STREET
STREET 2: SUITE 1800
CITY: HOUSTON
STATE: TX
ZIP: 77010
BUSINESS PHONE: 713-651-4300
MAIL ADDRESS:
STREET 1: 1301 MCKINNEY STREET
STREET 2: SUITE 1800
CITY: HOUSTON
STATE: TX
ZIP: 77010
FORMER COMPANY:
FORMER CONFORMED NAME: KEY ENERGY GROUP INC
DATE OF NAME CHANGE: 19950217
FORMER COMPANY:
FORMER CONFORMED NAME: NATIONAL ENVIRONMENTAL GROUP INC
DATE OF NAME CHANGE: 19921228
FORMER COMPANY:
FORMER CONFORMED NAME: YANKEE COMPANIES INC
DATE OF NAME CHANGE: 19891012
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
0000318996
KEY ENERGY SERVICES INC
001-08038
1301 McKinney St, Suite 1800
Houston
TX
TEXAS
77010
Common stock, $0.01 par value
17 CFR 240.12d2-2(b)
Kristen Braley
Analyst, Regulation
2019-12-13
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
The New York Stock Exchange ("NYSE" or the "Exchange") hereby notifies the Securities and Exchange Commission (the "Commission") of its intention to remove the entire class of common stock (the "Common Stock") of Key Energy Services, Inc. (the "Company") from listing and registration on the Exchange on December 24, 2019, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the Common Stock is no longer suitable for continued listing and trading on the NYSE.
The Exchange reached its decision pursuant to Section 802.01B of the Listed Company Manual because the Company fell below the continued listing standard requiring a listed company to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15 million.
The Exchange, on November 27, 2019, determined that the Common Stock of the Company should be suspended from trading, and directed the preparation and filing with the Commission of this application for the removal of the Common Stock from listing and registration on the NYSE. The Company was notified by phone and letter on November 27, 2019.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on November 27, 2019. Trading in the Common Stock was suspended at the close of the market on November 27, 2019.
The Company had a right to appeal to a Committee of the Board of Directors of the Exchange (the "Committee") the determination to delist the Common Stock, provided that it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such request within the specified time period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.