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Cause for suspension/transfer to Maintenance List |
Threshold to resume trading on the Regular List and for transfer of a security from the Maintenance List to the Regular List within the first 12 months from the date at which the security ceased trading on the Regular List |
Threshold to resume trading on the Regular List and for transfer of a security from the Maintenance List to the Regular List after 12 months from the date at which the security ceased trading on the Regular List |
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A. The public-float value is lower than NIS 5 million. |
· The public-float value is no less than NIS 7 million.
· The public-float rate of shares is no less than 20% (excluding special rules for companies facing difficulties) |
All the conditions detailed below:
· The public-float value and rate are no less than the amounts required from a new company, according to the alternatives specified in Rules & Regulations of the TASE.
· The company has concluded a 12-month period of activity for which financial statements were prepared.
· Equity, is no less than NIS 16 million. |
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B. The public-float rate is lower than 7.5%, and the public-float value is lower than NIS 8 million. |
The public-float rate is no less than 20%, or the public-float value is no less than NIS 15 million. |
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C. Equity is lower than NIS 2 million, based on the last four successive financial statements, and the public-float value is lower than NIS 24 million |
Equity is no less than NIS 4 million. |
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D. Other causes (excluding causes under Section 6.B.2 or Section 6.B.3 of the TASE Rules). |
Removal of the cause for suspension. |
Removal of the cause for suspension. | |