Temporary restriction in short selling

Published: 01/07/2014     Last Modified: 01/07/2014

The Financial Conduct Authority (“FCA”) notifies that it temporarily prohibits short selling in the following instruments 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 on short selling and certain aspects of credit default swaps.  This follows a decision made by another EU Competent Authority.

Details of the Financial Instruments concerned:

  • Banco Espírito Santo, S.A. (ISIN: PTBES0AM0007) and
  • Espírito Santo Financial Group, S.A. (ISIN: LU0011904405).

This measure is effective immediately until 11:59pm on 1 July 2014.

For further information please see our RNS.

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