Reference is made to Port Moresby Stock Exchange Limited (“POMSoX”) Daily Trade Report released on Friday 01st of June 2018.
POMSoX would like to clarify that there was an error on the last price for the stock Bank South Pacific (code “BSP”) reported and released to the market on POMSoX Daily Trade Report on Friday 01st June 2018.
BSP Capital Ltd, participating member and stock broker on POMSoX reported today, 4th of June 2018, of a BSP order which was incorrectly processed on the market at K9.05 when the order supposed to be placed off market. POMSoX consequently captured the trade before market closure on Friday 01st June 2018 which resulted in POMSoX reporting BSP last price as K9.05.
On the basis of BSP Capitals report, this has been attended to and resolved by a cancellation of those trades on POMSoX.
The subsequent result of this resolution would see BSP last traded price return to K10.00 as per last trade price on the 31st of May 2018 effective today.
POMSoX and BSP Capital apologize for any inconvenience this may have or has caused.
Should stakeholders and the general public have any queries regarding this release you are advised to contact the POMSoX Office on telephone (+675) 320 1980 or e-mail Mareva.Taimetua@pomsox.com.pg
[Sent electronically without signature]
Mareva Taimetua
Surveillance and Compliance Officer | Port Moresby Stock Exchange
