N04/11 - Notification - NWBD, Instrument ID: 3955 (2095C)

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RNS Number : 2095C

London Stock Exchange Notice

02 March 2011

 
 2 March 2011                                   10 Paternoster Square 
                                                 London EC4M 7LS 
                                                 Telephone +44 (0)20 
                                                 7797 1000 
                                                 www.londonstockexchange.com 
 For the attention of the                       N04/11 
  chairman/senior partner/compliance officer, 
  all member firms 
 STOCK EXCHANGE NOTICE 
 
 
 Notification - National Westminster Bank PLC 9% Ser 'A' Non-Cum 
  Prf GBP 1(ISIN: GB0006227051, Symbol: NWBD, Instrument ID: 3955) 
------------------------------------------------------------------ 
 
 
 1.   Member firms may be aware that NWBD was incorrectly marked 
       'ex dividend' from the start of business this morning. The 
       correct ex date is 9 March 2011. 
 
 2.   The Exchange halted trading in NWBD at 11:37am pending a 
       decision on the status of trades executed this morning. 
 
 3.   Market participants appear to have traded in this instrument 
       today at prices that reflect the ex dividend period having 
       begun. Therefore, all "on Exchange" executions in this instrument 
       reported to the Exchange or executed on the Exchange's order 
       book up to 11:37am should be treated as 'special ex' transactions. 
 
 4.   Member firms should ensure that dividend claims are settled 
       accordingly. 
 
 5.   Trading in NWBD will resume this afternoon with a 30 minute 
       pre mandatory quote period. All market maker prices and 
       trades from that time will be on a 'cum dividend' basis 
       until the instrument is correctly marked ex on 9 March 2011. 
 
 
 
 6.   Any comments or queries regarding this Notice should be 
       addressed to Market Supervision, UK Regulation, telephone 
       [phone] (STX 33666) option 2. 
 

Nick Bayley

Head of UK Regulation

This Stock Exchange Notice will be available on the website at http://www.londonstockexchange.com/en-gb/products/membershiptrading/rule sreg/stockexnoticesnew/

Calls to London Stock Exchange plc may be recorded to enable the Exchange to carry out its regulatory responsibilities.

This information is provided by RNS

The company news service from the London Stock Exchange

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