Temporary restriction in short selling
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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.
Source: fca