The Exchange may waive a Listing Rule or part of a Listing Rule. It may do so on the application of an issuer or of its own accord and will publish waivers periodically.
|Security Code||Date Approved||Rules||Description|
|TLZ||22-Sep-2011||Chapter: Listing Rules Article: 2.1(b)|
The issue price or sale price of all securities the entity seeks quotation for (other than options) must be 20 cents or greater.
The applicant sought a waiver from LR 2.1(b) to allow it to list with a share price less than 20 cents.
Taking into account the circumstances of the applicant and in particular the fact that it had traded at a price lower than 20 cents whilst quoted on ASX, the Committee agreed to the request for relief.