A stock exchange review has concluded there is no reason why the shares of companies in financial difficulties should remain continually suspended. The exchange said as long as 'adequate' and 'appropriate' disclosure on companies' latest financial positions was made and there was no price-sensitive information that had not been revealed, trading in the shares could be resumed. The policy will become active immediately. From now on, the exchange said, companies should make an application for resumption as soon as possible. If an eligible company fails to make the appropriate announcements and ask for a resumption of trading, the exchange said it may choose to make the firm's lack of co-operation public. In such cases the exchange may begin disciplinary proceedings and take action as it thinks fit under the listing rules. The resumption policy will not apply to issuers in liquidation or receivership, or to companies without sufficient assets to justify their listing status.