Last checked at 3 Jan 2024 07:00
3 January 2024
Plus500 Ltd.
("Plus500" or the "Company")
Director/PDMR Dealing and Total Voting Rights
Plus500, a global multi-asset fintech group operating technology-based trading platforms, announces that on 31 December 2023 it issued a total of 785,560 ordinary shares of NIS 0.01 ("Ordinary Shares") out of the Ordinary Shares held in treasury, as follows:
· 264,125 Ordinary Shares to certain persons (including PDMRs and/or PCAs as detailed below) to satisfy deferred payments due to them under the Company's 2020 and 2023 bonus schemes.
· 214,988 Ordinary Shares to PDMRs and/or their PCAs as detailed below to satisfy payments due to them under the Company's vested 2021 LTIP grant scheme.
· 153,342 Ordinary Shares to PDMRs and/or their PCAs as detailed below to satisfy payments due to them under the Company's vested 2021 and 2023 RSU grant scheme.
In addition, 153,105 Ordinary Shares were issued to non-PDMRs to satisfy payments due to them under the Company's vested 2023 RSU grant scheme.
Total Voting Rights
Following the issue of the 785,560 Ordinary Shares on 31 December 2023 and following the repurchase of 26,752 Ordinary Shares on 2 January 2024, as of 2 January 2024, the number of Ordinary Shares in issue was 79,691,288 (excluding treasury shares) and the Company held 35,197,089 Ordinary Shares in treasury. Therefore, the total voting rights in the Company as of 2 January 2024 was 79,691,288. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
PDMR notifications
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation as it applies in the UK, provides further detail.
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | David Zruia | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | Group CEO/PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2023 deferred bonus Issue of shares in connection with 2021 Restricted Share Units | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Elad Even-Chen Consulting Service Ltd. | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | Person Closely Associated with Elad Even-Chen CFO/PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2020 deferred bonus Issue of shares in connection with 2023 deferred bonus Issue of shares in connection with 2021 LTIP | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Nir Zatz | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | Chief Marketing Officer/PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 Restricted Share Units | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Erez Levy | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | CEO Plus500IL Ltd./PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 Restricted Share Units Issue of shares in connection with 2023 Restricted Share Units | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Dani Magner | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | Chief Product Officer/PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 Restricted Share Units | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Yevgeni Shtuckmeyster | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | Chief Regulation Officer/PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 Restricted Share Units | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Al Yaros | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | Chief Technology Officer/PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 Restricted Share Units | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Ofir Chudin | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | CEO Plus500CY Ltd./PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 LTIP | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Mark Winton | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | CEO Plus500UK Ltd. /PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 LTIP | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Sean Murphy | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | CEO Plus500AU Pty. Ltd./PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 LTIP | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Choh Tong Goh | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | CEO Plus500SG PTE. Ltd./PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 LTIP | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Or Rotem | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | VP R&D/PDMR | ||||||
(b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the Issuer | |||||||
(a) | Name | Plus500 Ltd. | ||||||
(b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
(a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
(b) | Identification Code | IL0011284465 | ||||||
(c) | Nature of the transaction | Issue of shares in connection with 2021 Restricted Share Units Issue of shares in connection with 2023 Restricted Share Units | ||||||
(d) | Currency | ILS | ||||||
(e) | Price(s) and volume(s) |
| ||||||
[(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
(g) | Date of the transaction | 31 December 2023 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||