Xcite Energy Limited Price Monitoring Extension (2536L)
September 29 2016 - 11:35AM
UK Regulatory
TIDMXEL
RNS Number : 2536L
Xcite Energy Limited
29 September 2016
Price Monitoring Extension
The 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 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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September 29, 2016 11:35 ET (15:35 GMT)
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