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Second Price Monitoring Extn

2 Dec 2009 16:40

RNS Number : 4959D
Development Securities PLC
02 December 2009
 

A second and final Price Monitoring Extension has been activated in this security. The closing auction call period is extended in this security for a further 5 minutes.

Following the first price monitoring extension this security would still execute more than a pre-determined percentage above or below the price of the previous automated execution today. London Stock Exchange electronic order book users have a final opportunity to review the prices and sizes of orders entered in this security prior to the auction call execution which will set today's closing price.

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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