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On 05 May 2022, a second and final Price Monitoring Extension was activated for Petrel Resources PLC's security. This extends the auction call period for this security for a further 5 minutes. The extension was triggered because the security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution today, even after a first extension.
Second Price Monitoring Extension
A second and final Price Monitoring Extension has been activated in this security. The auction call period is extended in this security for a further 5 minutes.
Following the first price monitoring extension this security would still have executed more than a pre-determined percentage above or below the price of the most recent automated execution today. London Stock Exchange electronic order book users have a final opportunity to review the prices and sizes of orders entered in this security prior to the auction execution.
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