- Title:
N12/20 - Suspension of trading - Malvern Int PLC - Time:
13:19:41 - Date:
4 Jun 2020 - Category:
Miscellaneous - ID:
0027P
|
Market Notice |
|
| 4 June 2020
N12/20 - Malvern International PLC - Suspension of trading
|
|
Member firm settlement obligations
1. Market participants may be aware that settlement delays are occurring in relation to transactions in Malvern International PLC (TIDM: MLVN, ISIN: GB00B04XB679). Member firms are reminded of their settlement obligations under the Rules of the London Stock Exchange ("the Exchange").
2. Rule 5000 (Obligation to settle) and its associated guidance places an obligation on member firms to ensure that every on Exchange trade is duly settled on the agreed settlement date.
Settlement situation
3. The Exchange has been monitoring the settlement situation in this security. As a result of the current settlement delays, trading of Malvern International PLC shares has been temporarily suspended under Exchange Rule 1510. Settlement of outstanding transactions can continue whilst the security is suspended. The Exchange will continue to monitor the settlement situation and when trading is to be restored, the market will be notified by Stock Exchange Notice.
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 London Stock Exchange plc may be recorded to enable London Stock Exchange to carry out its regulatory responsibilities
N12/20 - Suspension of trading - Malvern Int PLC13:19:414 Jun 2020Miscellaneous0027P