(Alliance News) - Sound Energy PLC said Monday it shares will move to the SETSqx trading platform in London.
Shares in the AIM-listed African and European upstream gas company were 1.4% higher in London on Monday morning at 1.37 pence each.
From 2016, Sound Energy's shares have traded on the SETS platform, but as of Tuesday, will move to the Stock Exchange Electronic Trading Service - quotes and crosses - platform.
The London Stock Exchange said: "SETSqx is specifically designed for securities less liquid than those traded on SETS. SETSqx combines four periodic electronic auctions each day with standalone non-electronic quote-driven market making providing guaranteed liquidity in at least one Exchange Market Size."
By Paul McGowan; paulmcgowan@alliancenews.com
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Sound Energy (SOU)