NZX has today released the
final version of a new set of listing rules, as well as the
first tranche of accompanying explanatory materials. The new rules
will apply from 1 January 2019, although there will be a
transitional period through to 30 June 2019.
Submissions on the first four draft guidance notes are
due by 13 November 2018. Further guidance and forms are expected to
be released by the end of November.
Key changes from the exposure draft
NZX released an exposure draft of the new rules in April 2018.
Key changes to the final version from the exposure draft
include:
- changes to the definitions of associated person
- retaining the requirement in the existing rules for at least
two Directors to be ordinarily resident in New Zealand
