Long Term Suspended Entities

• 30 entities suspended for more than 3 months
• Entities must lodge outstanding periodic reports by 1 year deadline
• Entities must execute plans to resume trading by 2 year deadline
• Failure to meet deadlines will result in removal from ASX official list

ASX has announced that the securities of 30 entities 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 must meet to avoid being removed from the official list. Entities have 1 year to lodge any outstanding periodic reports, and 2 years 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 reminds long-term suspended entities that reinstatement of their securities to quotation is not granted automatically on application, and ASX must be satisfied that the reasons for the ongoing suspension have been addressed and that the entity complies with the Listing Rules at the point of reinstatement.