Range Resources’ share trading on the AIM market will be unaffected by its request for voluntary suspension of its shares on the Australian Stock Exchange.
Range is in the process of appointing an Australian resident director as a result of David Chen ceasing to be an Australian resident, as part of the requirements under Australian Corporations Act and ASX Listing rules.
The company requested the voluntary suspension on ASX to be in place until it releases an announcement regarding the new appointment, which it expects to do before the start of trading on June 6.