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Capital Drilling Ltd - Price Monitoring Extension

RNS Number : 9878F
Capital Drilling Limited
12 March 2020
 

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Capital Drilling Ltd

Price: 60.5

Market: LSE
Market Cap: £82.87 m
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Jamie Boyton, chairman of Capital Drilling Ltd (LON:CAPD), says the firm is well positioned going into the mining upturn, both financially and operationally. After slimming down the cost base over the last few years, it now has a healthy balance sheet and 94 rigs in good working order, he...

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