Long Term Suspended Entities

• Details on suspended entities, including outstanding periodic reports and deadlines
• Entities must meet 1-year and 2-year deadlines or face removal from official list
• ASX recommends periodic disclosures by suspended entities to provide market updates

ASX has published a market announcement providing details on entities that have had their securities suspended for more than three months. The announcement includes the name and ASX code of each long-term suspended entity, the periodic reports they have failed to lodge, and the deadlines they face to either lodge the outstanding reports or have their securities removed from the official list. Entities have a 1-year deadline to lodge the oldest outstanding periodic report, and a 2-year deadline to execute their plans for trading in their securities to resume, to ASX's satisfaction. If an entity does not meet these deadlines, it will be removed from the official list, usually effective from the open of trading on the first trading day after the deadline date. ASX recommends that long-term suspended entities implement a system of periodic (at least quarterly) disclosures to ensure the market and security holders are provided with regular updates on their status and plans for resuming trading.