Long Term Suspended Entities

• List of entities suspended for over 3 months
• Deadline to lodge outstanding reports and resume trading
• Removal from official list 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 includes a table that provides details on each long-term suspended entity, including the name, ASX code, outstanding periodic reports that need to be lodged, the 1-year deadline to lodge the oldest outstanding report, and the 2-year deadline to execute plans for trading in its securities to resume to ASX's satisfaction. If an entity does not meet the 1-year or 2-year 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 (at least quarterly) disclosures to keep the market and security holders updated on their status and plans for resuming trading. 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.