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Indept. News & Media (INM)

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Wednesday 22 February, 2012

Indept. News & Media

Price Monitoring Extension

RNS Number : 9337X
Independent News & Media PLC
22 February 2012
 

Price Monitoring Extension

Today's 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's 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 security's 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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