Suspension time frame14 Feb 2020 19:36
Rule 40: Suspension
The general principle applied by the Exchange when considering requests for a suspension of trading in AIM securities is that interruptions to trading should be kept to a minimum. An AIM company should request a suspension in circumstances where it is required under these rules to make a notification but is unable to comply with its obligations under rule 10 (having used all reasonable endeavours to do so). Any such suspension is at the discretion of the Exchange. The Exchange will not suspend the trading in AIM securities if it is not satisfied that the circumstances justify suspension. Should the Exchange effect the request for suspension, the AIM company must make a notification stating the reason for suspension to the fullest extent possible. An AIM company, while suspended, must continue to comply with these rules. The Exchange may impose conditions on the lifting of suspension as it considers appropriate.
Once the circumstances leading to the suspension have been resolved or clarified sufficiently for the AIM company to make a notification that informs the market about relevant matters, such a notification should be made without delay. Restorations are effected by a dealing notice.”