Savills PLC Price Monitoring Extension (2858G)
August 04 2016 - 7:02AM
UK Regulatory
TIDMSVS
RNS Number : 2858G
Savills PLC
04 August 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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