RapidCloud International PLC Price Monitoring Extension (7261X)

TIDMRCI

RNS Number : 7261X

RapidCloud International PLC

23 February 2017

Price 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 RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

February 23, 2017 11:35 ET (16:35 GMT)

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