Federal Grid Company FEES Price Monitoring Extension

  Federal Grid Company (FEES) - Price Monitoring Extension

RNS Number : 5514E
JSC Fed Grid Co of Unified Engy Sys
31 May 2012
 

Price Monitoring Extension

Today's closing 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 closing 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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PMEBSGDUGSXBGDB -0- May/31/2012 14:40 GMT