SUM summerset group holdings limited

Ann: GENERAL: SUM: Summerset Adopts ASX Foreign Exempt Listing

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    • Release Date: 04/12/15 13:35
    • Summary: GENERAL: SUM: Summerset Adopts ASX Foreign Exempt Listing
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    					SUM
    04/12/2015 13:35
    GENERAL
    NOT PRICE SENSITIVE
    REL: 1335 HRS Summerset Group Holdings Limited
    
    GENERAL: SUM: Summerset Adopts ASX Foreign Exempt Listing
    
    NZX & ASX RELEASE
    
    4 DECEMBER 2015
    
    SUMMERSET ADOPTS ASX FOREIGN EXEMPT LISTING
    
    Summerset Group announces it has changed listing categories on the ASX from a
    Standard Listing to an ASX Foreign Exempt Listing, effective from the
    commencement of trading on Monday, 7 December 2015.
    
    The ASX Foreign Exempt Listing category is based on a principle of
    substituted compliance, recognising that for secondary listings, the primary
    regulatory role and oversight rest with the home exchange.
    
    This change of listing category follows amendments to the ASX Listing Rules
    announced on 10 September 2015 that allow an entity with its primary listing
    on the NZX Main Board to alleviate its compliance burden as a dual-listed
    entity.
    
    Summerset Group continues to have a full listing on the NZX Main Board and
    Summerset shares continue to be listed on ASX.
    
    ENDS
    
    For enquiries:
    Leanne Walker
    Company Secretary
    [email protected]
    04 894 7361 or 029 770 8189
    End CA:00274669 For:SUM    Type:GENERAL    Time:2015-12-04 13:35:56
    				
 
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