t
The London Stock Exchange issued a market notice on 13 February 2025 stating Nexus Infrastructure plc (NEXS) was incorrectly marked "ex dividend" from the start of business on that date, with the correct "Ex Date" being 6 March 2025. Trading in NEXS was temporarily halted by the Exchange at 14:05 on 13 February 2025 and will resume at 16:00 on the same day following a 10-minute auction call, with all trades from that time on a "cum dividend" basis.
| Date | 13 Feb 2025 |
| Time | 15:54:27 |
| Category | London Stock Exchange Notice |
| ID | 0694X |
|
Market Notice |
|
|
13 February 2025
N01/25 - Nexus Infrastructure plc (TIDM: NEXS, ISIN: GB00BZ77SW60) |
|
1. Member firms should be aware that NEXS was incorrectly marked "ex dividend" from the start of business this morning. The correct "Ex Date" is 6 March 2025 as per the company's announcement yesterday.
2. The London Stock Exchange (the "Exchange") temporarily halted trading in NEXS at 14:05 pending this clarification.
3. There have been no automatic executions in NEXS on the Exchange's order book today and any off book on Exchange trades should be treated as "cum dividend" transactions unless agreed otherwise under Rule 5200 of the Rules of the London Stock Exchange.
4. Trading in NEXS will resume at 16:00 following a 10 minute auction call period. For the avoidance of doubt all market maker prices and trades from that time will be on a "cum dividend" basis.
5. Any queries on this Notice should be addressed to Market Supervision, Market Regulation, telephone +44 (0)20 7797 3666 (STX 33666) option 2.
Liam Smith
Head of Market Supervision
This Stock Exchange Notice will be available on the website at https://www.londonstockexchange.com/resources/london-stock-exchange-notices
Calls to the London Stock Exchange plc may be recorded to enable the London Stock Exchange to carry out its regulatory responsibilities.