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  Details of Trading Resumption Requirements
 

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

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.

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.

 

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.

 

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.

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