Price Monitoring Extension
RNS Number : 5295Y
Petropavlovsk PLC
01 December 2014
Price Monitoring Extension
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 securitys closing 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 most recent automated execution today.
The applicable percentage is set by reference to a securitys Millennium Exchange sector.
This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices
This information is provided by RNS
The company news service from the London Stock Exchange
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