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GCM Resources PLC (GCM)

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Wednesday 10 March, 2010

GCM Resources PLC

Price Monitoring Extension

RNS Number : 3970I
GCM Resources PLC
10 March 2010
 

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 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 security's 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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