* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download Operating Instruction nº 54/2017 INITIAL
Technical analysis wikipedia , lookup
Currency intervention wikipedia , lookup
Insider trading wikipedia , lookup
Foreign exchange market wikipedia , lookup
Naked short selling wikipedia , lookup
Commodity market wikipedia , lookup
Market sentiment wikipedia , lookup
High-frequency trading wikipedia , lookup
Kazakhstan Stock Exchange wikipedia , lookup
Hedge (finance) wikipedia , lookup
Futures exchange wikipedia , lookup
Short (finance) wikipedia , lookup
Securities fraud wikipedia , lookup
Trading room wikipedia , lookup
Algorithmic trading wikipedia , lookup
Stock selection criterion wikipedia , lookup
Stock market wikipedia , lookup
2010 Flash Crash wikipedia , lookup
Operating Instruction nº 54/2017 INITIAL TRADING OF MASMOVIL IBERCOM, S.A. IN SIBE (SPANISH STOCK EXCHANGE INTERCONNECTION SYSTEM) The 19.951.100 of shares that make the share capital of MASMOVIL IBERCOM, S.A. will trade in the Spanish Stock Exchange Interconnection System with ISIN code ES0184696013, in the General Trading segment, once the Comisión Nacional del Mercado de Valores has agreed to it and the shares have been admitted to trade in at least two Stock Exchanges. The Sociedad de Bolsas Trading and Supervisory Committee, pursuant to Section 56 of the Ley rd del Mercado de Valores on October 23 and in the Section 22 of the Royal Decree 726/1989 of June 23 has agreed MASMOVIL IBERCOM, S.A. reasonably complies with the requirements for its integration in the Spanish Stock Exchange Interconnection System. The aforementioned shares will trade with the code “MAS” from the day of its admission in the th Spanish Stock Exchange Interconnection System, which is foreseen for July 14 . From this date on, trading in this stock shall be performed in accordance with the Operating Rules of the Spanish Stock Exchange Interconnection System and subjected to the Supervision contained therein. Special stock market operations planned for the stock must comply with the regulations established in Royal Decree 1416/1991 and Ministerial Order of 5 December 1991. Being aware of the circumstances surrounding the listing of MASMOVIL IBERCOM, S.A., on the stock’s first day of trading, the Sociedad de Bolsas Trading and Supervisory Committee shall apply the following measures contained under section 6.2.4.5.1, Notice 1/2001 of the Operating Rules of the Spanish Stock Exchange Interconnection System: th 1.- Take as a reference price the closing price of the session of July 13 , the expected last trading day in the segment of Growing Companies belonging to Mercado Alternativo Bursátil (MAB). During the opening auction, orders shall be allowed that entail prices within a 50% static range of the reference price. The dynamic range shall be of 8%. The price resulting from this auction shall be considered to be the static price. From the next session on, the static range shall be 10%. 2.- The opening auction shall start at 8:30 p.m. and end at 12:00 p.m., being the starting conditioned to the admission to trading of these shares in at least two Stock Exchanges. Though, if required, its duration could be modified for as long as the situation of the market so warrants. Its extension and conclusion must be notified sufficiently in advance. 3.- According to Circular 2/2009, these shares will trade with 3 decimals places and tick size 4, as established on Note 9/2009 of Sociedad de Bolsas. Depending on market circumstances, the Sociedad de Bolsas Trading and Supervisory Committee may apply the necessary measures to facilitate the normal operation of supply and demand. Madrid, July 12, 2017 Trading and Supervisory Committee COORDINATOR Signed: Beatriz Alonso-Majagranzas Cenamor The English translation is for the convenience of English-speaking readers. However, only the Spanish text has any legal value. Consequently, the translation may not be relied upon to sustain any legal claim, nor should it be used as the basis of any legal opinion. Sociedad de Bolsas, S.A. expressly disclaims all liability for any inaccuracy herein.