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Listed@ASX Compliance Update - COVID-19 – Continuous Disclosure Obligations

Date 31/03/2020

Under listing rule 3.1, once an entity is or becomes aware of any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity’s securities, the entity must immediately tell ASX that information.

Importantly, this rule is subject to the carve-outs to immediate disclosure in listing rule 3.1A, which provides that listing rule 3.1 does not apply to particular information while each of the following requirements is satisfied in relation to  the information:

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