REG - Telefonica SA - Price Monitoring Extension <Origin Href="QuoteRef">TEF.MC</Origin>
RNS Number : 7889ZTelefonica SA31 May 2016Price Monitoring Extension
The 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 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 RNSThe company news service from the London Stock ExchangeENDPMEEASSFDDSKEFF
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