NZX's revised administrative trading halt and
disclosure process through MAP will take effect from Monday 22 May
2017.
Administrative Trading Halts
From 22 May 2017, issuers will need to:
- confirm to NZX whether an announcement contains material
information when submitting the announcement for release, and
- choose a category for each announcement from
a selection of categories provided by NZX.
If an announcement contains material information, or is within a
"prescribed category" (i.e. preliminary results
announcements, half and full year reports and, for issuers listed
on the NXT Market, an interim update required when one of the
prescribed events in the NXT Market Rules occurs), NZX will
identify the announcement with a price sensitive flag,
"P", and apply an administrative trading
halt (generally for 15 minutes) if the announcement is made during,
or immediately before, trading hours.
