|Go to market news section|
NOTICE OF TEMPORARY PROHIBITION OF SHORT SELLING
02 October 2018
The Financial Conduct Authority ("FCA") notifies that it temporarily prohibits short selling in the following instrument and transactions under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012.
Nature of measure:
a) short sale prohibition for shares
a) Astaldi (ISIN: IT0003261069)
b) all UK trading venues on which the instrument is traded
c) any person irrespective of their country of residence (subject to the exemption below)
Entry into force of the measure and duration:
a) Date: 02 October 2018
b) Time: immediately
c) Duration: Until 11.59 PM on 02 October 2018
Reasons for imposing measure and evidence:
Following the action taken by CONSOB in the instrument above, the FCA is satisfied that it is necessary to take the action set out in this notice to assist CONSOB, taking into account:
a) a similar price fall in the instrument on UK trading venues
b) the volume of trading in the UK
Exemptions to the measure:
This measure does not extend to transactions undertaken by market makers who have notified the FCA of their intention to employ the market maker exemption in this financial instrument and who are included on the list maintained by ESMA of market makers permitted to use the exemption. This exception only extends to those transactions that market makers undertake as part of their market making activities.
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.
|©London Stock Exchange plc. All rights reserved|