Price Monitoring Extension
December 06 2010 - 11:35AM
UK Regulatory
TIDMHAWK
RNS Number : 4590X
Nighthawk Energy plc
06 December 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
END
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