Delisted companies

See below to download delisted companies 1996-2020

If your company is delisted, you will find confirmation in the company record by searching on the company name or code above.

Here are the most recent companies delisted from ASX. A full list can be downloaded by clicking in the box at the foot of the list.

Last 10 companies delisted from ASX

 

Download delisted companies calendar years 1996-2020

Please click on the appropriate year below to see in csv format, companies delisted in that calendar year along with the date, official ASX reason and our explanation for the delisting. (Note that our explanation includes the amount of consideration payable to shareholders where a company has been taken over or merged.) 

 

Delisted explained

Approximately 6,500 companies have been delisted from the Australian Stock Exchange (or the state-based exchanges), Newcastle Stock Exchange and Bendigo Stock Exchange over the past 100 odd years. During that period there have also been more than 5000 changes of company name.

These companies, the date and the reason for the delisting, feature on our website.

As far as is possible, our record for delisted companies is "frozen" at the point of delisting from an exchange. Depending on company developments after delisting, you may find current items in "News & Events" within the company record. You should realise other data within the company record may no longer be valid; the company may subsequently have changed its legal status and even be deregistered. If deregistered, it has ceased to exist.

 

Why was your company delisted?

Most companies are delisted either because they are acquired by another company, merge with another company, their securities mature or their business fails.

Shareholders should also note that entities do change their name and many have had multiple names. They are then of course listed under their new name and no longer under their previous name.

According to the Australian Stock Exchange Listing Rules, a company may be removed from the official list:

 If it asks to be removed (ASX may impose conditions).

If in the opinion of ASX:

 It breaks a listing rule or is unwilling or unable to comply with a rule.

It has no quoted securities.

It is appropriate for some other reason (see in particular the Guidance Notes for details).

 Following the issue of compulsory acquisition notices and previous suspension of securities under Listing Rule 17.4 or Listing Rule 17.4A.

 Its securities have been suspended from quotation for a continuous period of 2 years.

If it fails to pay listing fees.

 

Note that you can view the detail of these listing rules by clicking here.

 

Delisting and company failure

The majority of companies are delisted because of takeover, merger, the maturity of securities, the illiquidity of securities, listing costs, failure to pay listing costs and business failure.

Business failure also lies behind many "changes of activity" where companies fail with one activity and formally adopt another. Sometimes a change of name reflects an attempt to disassociate from past failures. Both are classic cases of failure masked by events other than a delisting. The share price usually reflects these failures.

Many small companies fail and actually go into administration, where they are reconstructed and recapitalised. They later emerge with either the same name or a different name. If not delisted, there is hardly any sign of the failure. Only the shareholders concerned are painfully aware. Their capital has been savagely diluted and their shares are practically worthless.

Larger companies that fail such as Pasminco, HIH Insurance, ABC Learning, Babcock & Brown, are of course eventually delisted, liquidated and deregistered. 

 

Finding your company

If your company has been delisted there are three ways of finding it:

•  Search by company name (see box above left)

• Search by code (see box above right)

• Click on the appropriate letter of the alphabet (see the alphabet index above)

If you are unable to find your company or the information is incomplete or incomprehensible we recommend you send us a message and we will try to assist.