Edition:
United Kingdom

Plus500 Ltd (PLUSP.L)

PLUSP.L on London Stock Exchange

1,475.00GBp
12 Dec 2018
Change (% chg)

18.00 (+1.24%)
Prev Close
1,457.00
Open
1,457.00
Day's High
1,476.00
Day's Low
1,450.00
Volume
66,614
Avg. Vol
1,575,447
52-wk High
2,076.00
52-wk Low
743.55

Latest Key Developments (Source: Significant Developments)

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

PLUS500 RAISES EXPECTATIONS FOR 2018 FINANCIAL PERFORMANCE
Monday, 2 Jul 2018 

July 2 (Reuters) - Plus500 Ltd ::PLUS500 LTD - DUE TO A STRONG Q2, BOARD HAS AGAIN MATERIALLY INCREASED ITS EXPECTATIONS FOR FINANCIAL PERFORMANCE FOR YEAR ENDING 31 DECEMBER 2018.PLUS500 LTD - GEOPOLITICAL EVENTS PARTICULARLY REGARDING US IMPORT TARIFFS HAVE RESULTED IN HIGHER THAN EXPECTED LEVELS OF MARKET VOLATILITY IN Q2.  Full Article

Plus500 Says Materially Increased Expectations For Year Ending 2018
Thursday, 7 Jun 2018 

June 7 (Reuters) - Plus500 Ltd ::BOARD HAS MATERIALLY INCREASED ITS EXPECTATIONS FOR GROUP'S FINANCIAL PERFORMANCE FOR YEAR ENDING 31 DECEMBER 2018.IN Q2 2018, TRADING HAS BEEN SUBSEQUENTLY MATERIALLY AHEAD OF MANAGEMENT EXPECTATIONS.BOARD WILL ASSESS IMPACT OF ESMA MEASURES ON CURRENT AND FUTURE YEARS' PERFORMANCE ONCE ESMA MEASURES ARE FULLY OPERATIONAL.GROUP'S PERFORMANCE COULD ALSO BE IMPACTED BY RATE AT WHICH CUSTOMERS REQUEST TO BE RECLASSIFIED, AND ARE ACCEPTED.  Full Article

Plus500 eyes premium London listing
Thursday, 24 May 2018 

May 24 (Reuters) - Plus500 Ltd ::INTENTION TO APPLY FOR ADMISSION TO PREMIUM SEGMENT OF OFFICIAL LIST AND TO TRADING ON MAIN MARKET.COMPANY BELIEVES THAT MAIN MARKET IS MOST APPROPRIATE TRADING PLATFORM FOR CONTINUED GROWTH OF GROUP AND, TOGETHER WITH A PREMIUM LISTING, WILL: . PROVIDE A MORE APPROPRIATE PLATFORM FOR CONTINUED GROWTH OF GROUP AND FURTHER RAISE ITS PROFILE AND STATUS.INCREASE PROFILE OF GROUP IN UK AND INTERNATIONALLY, THEREBY HELPING IT TO ATTRACT NEW CUSTOMERS.ADMISSION WILL BE EFFECTED THROUGH AN INTRODUCTION OF ALL OF EXISTING ISSUED ORDINARY SHARES. COMPANY WILL NOT BE ISSUING ANY NEW ORDINARY SHARES IN CONJUNCTION WITH PROPOSED ADMISSION..IT IS EXPECTED THAT COMPANY WILL PUBLISH A PROSPECTUS IN CONNECTION WITH ADMISSION WEEK COMMENCING 18 JUNE 2018 AND THAT ORDINARY SHARES WILL BE ADMITTED TO OFFICIAL LIST AND COMMENCE TRADING ON MAIN MARKET, SIMULTANEOUSLY WITH TRADING BEING CANCELLED ON AIM ON 25 JUNE 2018.  Full Article

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