· During the first year of suspension, the requirements to resume trading on the Regular List refer to the cause of the suspension; the requirement is to correct the cause of the suspension. For example: publication of the financial statements.
· After one year of suspension, the company must also comply with a number of cumulative requirements that refer to equity and the value and rate of public holdings.
The quantitative requirements with regard to shareholders’ equity and the value and rate of publicly held shares are identical to those required of a company seeking to leave the Maintenance List. For details of the quantitative requirements, click here.
Noncompliance with the requirements to resume trading on the Regular List will eventually cause the security to be delisted from the TASE.