Long Term Suspended Entities

• List of entities suspended for more than 3 months
• Deadlines for lodging outstanding periodic reports
• Deadlines for entities to execute plans to resume trading

ASX has released a market announcement detailing a list of entities that have been suspended from trading for more than 3 months. The announcement includes the name and ASX code of each long-term suspended entity, the periodic reports they have failed to lodge (if any), the 1-year deadline for lodging the oldest outstanding periodic report, and the 2-year deadline for the entity to execute its plans for trading in its securities to resume, to ASX's satisfaction. If an entity does not meet the 1 or 2-year deadlines, it will be removed from the official list, with the removal usually taking effect 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 the entity's status and plans for trading resumption. ASX's removal policy for long-term suspended entities is explained in Listing Rules Guidance Note 33, and in limited circumstances, ASX may grant a short extension to the deadline date.