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Price Monitoring Extension

Date : 04/10/2012 @ 11:40AM
Source : UK Regulatory (RNS & others)
Stock : Coalfield Res (CRES)
Quote : 6.375  0.0 (0.00%) @ 2:51AM
Coalfield share price Chart

Price Monitoring Extension

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RNS Number : 0607B

UK Coal PLC

10 April 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

END

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