On 30 January 2015, ASX released its revised Guidance Note 27
(GN 27). GN 27 is intended to assist companies
comply with their obligations under Listing Rules 12.9 to 12.12 in
respect of company trading policies. The revised GN 27 provides
significantly more detail and incorporates recommendations made in
light of market developments since the last update in January
2012.
The key amendments incorporate a number of recommendations made
by ASX in relation to company trading policies, including
addressing the following items:
- policy objectives behind trading policies;
- who should be restricted from trading in a listed entity's
securities;
- when should trading in a listed entity's securities be
restricted;
