NZX
02/02/2015 15:41
GENERAL
NOT PRICE SENSITIVE
REL: 1541 HRS NZX Limited
GENERAL: NZX: NZX publishes NXT Guidance Notes
NZX today published the following guidance notes to assist companies and
their advisors in the interpretation of NXT's Market Rules and, where
applicable, the NZX Participant Rules:
- Listing as a NXT company
- Key Operating Milestones
- NXT Disclosure Framework
- Trading Halts & Suspensions
- Migration to NZX Main Board
- Eligibility to trade on NXT Market
- NXT Advisors
NXT is a new market built for small and mid-sized businesses, and differs
from other markets operated by NZX. In particular, NXT listed companies
operate under a new disclosure regime and are required to appoint a NXT
Advisor for a minimum period of three years, unless a shorter period is
approved by NZX.
NZX Head of Policy and Legal Robyn Dey commented: "The guidance notes intend
to provide additional support to companies and their advisors as they
familiarise themselves with a new set of obligations outlined in NXT's Market
Rules and the NZX Participant Rules."
The guidance notes are available at https://nxt.co.nz/pages/market_integrity
For companies considering a NXT listing or those interested in becoming a NXT
Advisor, please contact NZX Head of Markets Aaron Jenkins on
[email protected] or 09 309 3652.
For further information please contact:
Kate McLaughlin
Corporate Communications
M: 027 533 4529
E: [email protected]
End CA:00260232 For:NZX Type:GENERAL Time:2015-02-02 15:41:10
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