Long Term Suspended Entities

• List of entities suspended for over 3 months
• Deadlines to lodge outstanding reports and resume trading
• Entities may be removed if deadlines not met

ASX has released a market announcement regarding entities that have been suspended from trading for more than three months. The announcement provides details on the name and ASX code of each long-term suspended entity, the periodic reports they have failed to lodge, and the deadlines they have to either lodge the outstanding reports and execute plans to resume trading, or face removal from the official list. The announcement states that if an entity does not meet the 1-year deadline for lodging the oldest outstanding periodic report or the 2-year deadline to resume trading, 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 also reminds long-term suspended entities that reinstatement of their securities to quotation is not automatic, and ASX must be satisfied that the reasons for the ongoing suspension have been addressed and the entity complies with the Listing Rules at the point of reinstatement.