REG - GAIL (India) Ltd - Price Monitoring Extension

Wed Sep 26, 2012 10:42am EDT

* Reuters is not responsible for the content in this press release.

RNS Number : 2469N
GAIL (India) Limited
26 September 2012
 

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
 
 
PMEBKADQQBKDBCB