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Hemscott News Alert - Petropavlovsk PLC



Petropavlovsk PLC.<br/><br/>- Price Monitoring Extension
RNS Number : 4218E
Petropavlovsk PLC.
18 December 2009
 

Todays closing auction call period has been extended in this security by 5 minutes.

Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security during the initial auction call before the execution occurs.

A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the last automated execution today.

The applicable percentage is set by reference to a securitys TradElect sector.

This is set out in the Sector Breakdown tab of the TradElect Parameters document at www.londonstockexchange.com/en-gb/products/membershiptrading/tradingservices


This information is provided by RNS
The company news service from the London Stock Exchange
 
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