Edition:
United Kingdom

Plus500 Ltd (PLUSP.L)

PLUSP.L on London Stock Exchange

854.83GBp
18 Feb 2019
Change (% chg)

-66.67 (-7.23%)
Prev Close
921.50
Open
923.00
Day's High
923.00
Day's Low
854.83
Volume
3,593,382
Avg. Vol
1,284,546
52-wk High
2,076.00
52-wk Low
854.83

Latest Key Developments (Source: Significant Developments)

Odey Asset Management Discloses 13.05 Pct Stake In Plus500- Filing
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Plus500 Ltd ::ODEY ASSET MANAGEMENT DISCLOSES 13.05 PCT STAKE IN PLUS500 PLUSP.L VS EARLIER STAKE OF 9.74 PCT - FILING.  Full Article

Odey Asset Management Discloses Stake Of 10.77 Pct In Plus500- Filing
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Plus500 Ltd ::ODEY ASSET MANAGEMENT DISCLOSES STAKE OF 10.77 PERCENT IN PLUS500- FILING.  Full Article

Plus500 Sees FY Performance Ahead Of Market View
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - Plus500 Ltd ::PRE-CLOSE TRADING UPDATE.WITH YEAR ENDED 31 DECEMBER 2018 ALMOST COMPLETE, BOARD ANTICIPATES FINANCIAL PERFORMANCE WILL BE AHEAD OF CURRENT MARKET EXPECTATIONS.CONTINUED TO PERFORM WELL SINCE IMPLEMENTATION IN AUGUST OF REGULATORY CHANGES BY EUROPEAN SECURITIES AND MARKETS AUTHORITY."STRONG MOMENTUM", PREVIOUSLY REFERRED TO IN ITS TRADING UPDATE ON 20 NOVEMBER 2018, HAS BEEN MAINTAINED THROUGH TO YEAR END.  Full Article

Plus500 Says Not Impacted By FCA's move to make curbs on CFDs permanent
Friday, 7 Dec 2018 

Dec 7 (Reuters) - Plus500 Ltd ::PLUS500 LTD - RESPONSE TO FCA ANNOUNCEMENT.PLUS500 LTD - COMPANY ACKNOWLEDGES FCA ANNOUNCEMENT, NOTING IT ALREADY OPERATES IN COMPLIANCE WITH THESE PROPOSED CHANGES.PLUS500 LTD - NEVER OFFERED BINARY OPTIONS AND SO IS NOT IMPACTED BY THIS PROPOSED INTERVENTION.PLUS500 LTD - FCA'S PROPOSALS DO NOT CHANGE COMPANY'S EXPECTATIONS.  Full Article

Plus500 Sees 2018 Trading Ahead Of Expectations
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Plus500 Ltd ::TRADING FOR 2018 IS NOW EXPECTED TO BE AHEAD OF EXPECTATIONS.FOR NINE MONTHS ENDED 30 SEPTEMBER 2018, REVENUE WAS $565.6 MILLION, AN INCREASE OF 86% COMPARED TO SAME PERIOD LAST YEAR.IN THREE MONTHS ENDED 30 SEPTEMBER 2018, COMPANY'S REVENUE WAS $100.1 MILLION, A DECREASE OF 14% COMPARED TO SAME PERIOD LAST YEAR.ACTIVE CUSTOMERS FOR NINE MONTH AND THREE MONTH PERIOD INCREASED 74% AND 8%, RESPECTIVELY, WHEN COMPARED TO LAST YEAR.APPROVED A PROGRAMME TO BUY BACK AN INITIAL AMOUNT OF UP TO $10 MILLION OF COMPANY'S SHARES.APPROXIMATELY 8% OF EEA CUSTOMERS HAVE NOW ELECTED TO BECOME PROFESSIONAL CLIENTS REPRESENTING APPROXIMATELY 38% OF Q3 EEA REVENUES.LESS THAN HALF OF EEA REVENUES, OR ONLY 30% OF GROUP REVENUES, WILL BE IMPACTED LONGER TERM BY CURRENT EEA RESTRICTIONS.VOLATILITY FOR SIGNIFICANT PERIODS OF Q3 WAS VERY LOW BY HISTORICAL STANDARDS, BUT HAS INCREASED SINCE PERIOD END.IN 2019, EXPECT REVENUES TO BENEFIT FROM CUSTOMER ACQUISITION, CONTINUED INVESTMENT IN MARKETING, RETENTION INITIATIVES AND NEW LICENCE.  Full Article

Odey Asset Management Cuts Stake In Plus500 To 10.85 Pct From 11.26 Pct- Filing
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Plus500 Ltd ::ODEY ASSET MANAGEMENT CUTS STAKE IN PLUS500 TO 10.85 PERCENT FROM 11.26 PERCENT- FILING.  Full Article

Axxion SA Discloses 5.10 Percent Stake In Plus500 - Filing
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Axxion SA ::AXXION SA DISCLOSES 5.10 PERCENT STAKE IN PLUS500 - FILING.  Full Article

Playtech Sells Entire 9.99 Pct Stake In UK's Plus500
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Playtech PLC ::PLAYTECH PLC - SALE OF HOLDING IN PLUS500 LTD.PLAYTECH PLC - HAS SOLD ITS ENTIRE HOLDING OF APPROXIMATELY 11.4 MILLION ORDINARY SHARES IN PLUS500 LTD.PLAYTECH PLC - SALE IN PLUS500 AT A PRICEOF 1,550 PENCE PER ORDINARY SHARE, REALISING GROSS PROCEEDS OF APPROXIMATELY £176 MILLION.PLAYTECH PLC - PROCEEDS FROM SALE WILL BE USED FOR GENERAL CORPORATE PURPOSES AND DEBT REDUCTION.PLAYTECH PLC - STAKE ALE REPRESENTS APPROXIMATELY 9.99% OF PLUS500'S ISSUED SHARE CAPITAL.PLAYTECH PLC - FOLLOWING COMPLETION OF SALE, PLAYTECH WILL NO LONGER HOLD ANY INTEREST IN PLUS500'S ORDINARY SHARES.  Full Article

Plus500 Says Shares Sold By Founders At Discount Of 2.27 Pct To Yesterday's Closing Price
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Plus500 Ltd ::RESULT OF SALE.SHARES WERE SOLD BY FOUNDERS AT A DISCOUNT OF 2.27% TO YESTERDAY'S CLOSING PRICE OF £15.86.FOUNDERS AGREED NOT TO SELL ANY FURTHER SHARES THEY HOLD IN CAPITAL OF CO FOR PERIOD OF 90 DAYS AFTER COMPLETION OF TRANSACTION.  Full Article

Plus500 Founders To Sell About 8 Pct Of Co Shares To Raise 145 Mln Stg
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Plus500 Ltd ::PLUS500 LTD - SALE OF C.9.4 MILLION EXISTING ORDINARY SHARES.PLUS500 LTD - SALE SHARES REPRESENT C. 8% OF COMPANY'S ISSUED SHARE CAPITAL AND IS EXPECTED TO RAISE GROSS PROCEEDS OF C. £145 MILLION FOR FOUNDERS.PLUS500 LTD - ANY SALE SHARES WILL BE SOLD THROUGH LIBERUM CAPITAL LIMITED TO A LIMITED NUMBER OF INVESTORS.PLUS500 - FOUNDERS ALON GONEN, GAL HABER, ELAD BEN-IZHAK, OMER ELAZARI, SHLOMI WEIZMANN NOTIFIED CO THEY INTEND TO SELL C. 9.4 MILLION SHARES.PLUS500 LTD - AFTER COMPLETION OF TRANSACTION, FOUNDERS WILL CONTINUE TO HOLD IN AGGREGATE APPROXIMATELY 8% OF ISSUED SHARE CAPITAL OF COMPANY.PLUS500 - 9.4 MILLION SHARES TO BE SOLD BY FOUNDERS AT A PRICE OF £15.50 PER SALE SHARE.PLUS500- FOUNDERS INTENTION TO SELL SHARES IN PLUS500 REFLECTS THEIR DESIRE TO DIVERSIFY THEIR INVESTMENTS WHILST RAISING FUNDS FOR PERSONAL REASONS.PLUS500 - FOUNDERS ARE SELLING SHARES IN RESPONSE TO SIGNIFICANT DEMAND FROM A SMALL NUMBER OF INSTITUTIONAL INVESTORS.  Full Article

Photo

FTSE 100 lower as investors book in profits, Reckitt shines

London's blue-chip stocks dipped on Monday, well away from their four-month highs, as investors bought out of defensive stocks while a stronger pound also weighed.