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Price Monitoring Extension

Date : 25/08/2011 @ 16:35
Source : UK Regulatory (RNS & others)
Stock : Pendragon (PDG)
Quote : 24.25  0.25 (1.04%) @ 16:29

Price Monitoring Extension

TIDMPDG

RNS Number : 0707N

Pendragon PLC

25 August 2011

Price Monitoring Extension

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's closing 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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