0000876661-15-000331.txt : 20150730
0000876661-15-000331.hdr.sgml : 20150730
20150730124437
ACCESSION NUMBER: 0000876661-15-000331
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20150730
DATE AS OF CHANGE: 20150730
EFFECTIVENESS DATE: 20150730
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Walter Energy, Inc.
CENTRAL INDEX KEY: 0000837173
STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220]
IRS NUMBER: 133429953
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13711
FILM NUMBER: 151015288
BUSINESS ADDRESS:
STREET 1: 3000 RIVERCHASE GALLERIA
STREET 2: SUITE 1700
CITY: BIRMINGHAM
STATE: AL
ZIP: 35244
BUSINESS PHONE: 205-745-2000
MAIL ADDRESS:
STREET 1: 3000 RIVERCHASE GALLERIA
STREET 2: SUITE 1700
CITY: BIRMINGHAM
STATE: AL
ZIP: 35244
FORMER COMPANY:
FORMER CONFORMED NAME: WALTER INDUSTRIES INC /NEW/
DATE OF NAME CHANGE: 19950207
FORMER COMPANY:
FORMER CONFORMED NAME: HILLSBOROUGH HOLDINGS CORP
DATE OF NAME CHANGE: 19910814
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
837173
Walter Energy, Inc.
001-13711
3000 Riverchase Galleria
Suite 1700
Birmingham
AL
ALABAMA
35244
(205) 745-2000
Common Stock
17 CFR 240.12d2-2(b)
Paras Madho
Director
2015-07-30
EX-99.25
2
ruleprovisionnotice.htm
New York Stock Exchange LLC (the 'Exchange' or the 'NYSE') hereby notifies the Securities and Exchange Commission ('SEC') of its intention to remove the entire class of common stock (the 'Common Stock') of Walter Energy, Inc. (the 'Company') from listing and registration on the Exchange at the opening of business on August 10, 2015 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 Exchange.
NYSE Regulation reached its decision to delist the Common Stock pursuant to Section 802.01D of the Listed Company Manual (the 'Manual') because of its 'abnormally low' trading price. In addition, the Company previously fell below the NYSE’s continued listing standard in Section 802.01C of the Manual requiring listed companies to maintain an average closing price per share of not less than $1.00 over a consecutive 30 trading day period.
1. Section 802.01D of the Manual states that the Exchange would normally give consideration to suspending or removing from the list a security of a company when it has an abnormally low selling price or volume of trading.
2. NYSE Regulation, on July 8, 2015, determined that the Common Stock of the Company should be suspended immediately from trading, and directed the preparation and filing with the SEC of this application for the removal of the Common Stock from listing and registration on the Exchange. The Company was notified by phone and letter on July 8, 2015.
3. Pursuant to the above authorization of the suspension of trading the Common Stock, a press release announcing the suspension was issued on July 8, 2015. In addition, an announcement was made immediately on the 'ticker' of the Exchange and at the close of the trading session on July 8, 2015. Similar information was included on the Exchange’s website.
4. The Company had a right to appeal to the Committee for Review (the 'Committee') of the Board of Directors of NYSE Regulation 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.