Long Term Suspended Entities

• List of entities suspended for more than 3 months
• Deadlines for lodging outstanding reports and resuming trading
• Entities that miss deadlines will be removed from the official list

ASX has released an announcement regarding entities that have been suspended from trading for more than 3 months. The announcement provides a detailed list of these long-term suspended entities, including their ASX codes, the periodic reports they have failed to lodge, and the deadlines they face to address the issues and resume trading. Specifically, the entities have a 1-year deadline to lodge any outstanding periodic reports, 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 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 the limited circumstances in which an extension may be granted. ASX reminds entities that reinstatement of securities to quotation is not automatic, even if the suspension was at the entity's request, and encourages them to engage with their Listings Adviser about their plans for reinstatement.