Long Term Suspended Entities

• List of entities suspended for more than 3 months
• Deadlines for lodging outstanding reports and resuming trading
• Entities may be removed from official list if deadlines not met

ASX has released a market announcement regarding entities that have been suspended from trading for more than 3 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 for lodging the oldest outstanding report (1 year deadline) and executing plans to resume trading (2 year deadline). If an entity does not meet these deadlines, they will be removed from the official list, typically effective from the first trading day after the deadline date. ASX recommends that long-term suspended entities provide periodic (at least quarterly) disclosures to keep the market and security holders updated on their status and plans for resuming trading. The announcement also explains ASX's removal policy for long-term suspended entities and notes that reinstatement of securities is not automatic, even if the suspension was at the entity's request. 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.