0000876661-16-001290.txt : 20160921
0000876661-16-001290.hdr.sgml : 20160921
20160921140444
ACCESSION NUMBER: 0000876661-16-001290
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20160921
DATE AS OF CHANGE: 20160921
EFFECTIVENESS DATE: 20160921
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: ITT EDUCATIONAL SERVICES INC
CENTRAL INDEX KEY: 0000922475
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200]
IRS NUMBER: 362061311
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13144
FILM NUMBER: 161895437
BUSINESS ADDRESS:
STREET 1: 13000 NORTH MERIDIAN
CITY: CARMEL
STATE: IN
ZIP: 46032-1404
BUSINESS PHONE: 317 706 9200
MAIL ADDRESS:
STREET 1: 13000 NORTH MERIDIAN STREET
STREET 2: -
CITY: CARMEL
STATE: IN
ZIP: 46032-1404
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
922475
ITT EDUCATIONAL SERVICES INC
001-13144
13000 North Meridian Street
Carmel
IN
INDIANA
46032-1404
(317) 706-9200
Common Stock
17 CFR 240.12d2-2(b)
Victoria Paper
Senior Analyst
2016-09-21
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
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 ITT Educational Services, Inc. (the 'Company') from listing and registration on the Exchange at the opening of business on October 3, 2016, 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.
The Exchange reached its decision pursuant to Section 802.01D of the Listed Company Manual (the 'Manual') based on the Company's September 6, 2016 announcement that it has ceased operations of the ITT Technical Institutes and eliminated the positions of the majority of its more than 8,000 employees.
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 the exchange receives authoritative advice that the security is without value.
2. Based on the Company's September 6, 2016 announcement mentioned above, on September 6, 2016, the Exchange 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 by letter on September 6, 2016.
3. Pursuant to the above authorization, a press release was issued on September 6, 2016 and an announcement of the suspension of trading in the Common Stock was made on the 'ticker' of the Exchange. Similar information was included on the Exchange's website.
4. The Company had a right to appeal to the Committee for Review of the Board of Directors of NYSE Regulation the determination to delist its 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 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.