Last checked at 17 Jan 2023 07:01
17 January 2023
The following amendments have been made to the "Director/PDMR Dealing and Total Voting Rights" announcement released on 4 January 2023 at 07:00 under RNS No 5798L.
Consequently, the following announcements incorrectly stated both the total number of shares in issue and the total number of voting rights:
"Transaction in Own Shares" announcement released on 4 January 2023 at 07:00 under RNS No 5799L
"Transaction in Own Shares" announcement released on 5 January 2023 at 07:00 under RNS No 7269L"Transaction in Own Shares" announcement released on 6 January 2023 at 07:00 under RNS No 8678L"Transaction in Own Shares" announcement released on 9 January 2023 at 07:00 under RNS No 0137M"Transaction in Own Shares" announcement released on 10 January 2023 at 07:01 under RNS No 1594M"Transaction in Own Shares" announcement released on 11 January 2023 at 07:00 under RNS No 3140M"Transaction in Own Shares" announcement released on 12 January 2023 at 07:00 under RNS No 4568M"Transaction in Own Shares" announcement released on 13 January 2023 at 07:00 under RNS No 6010M"Transaction in Own Shares" announcement released on 16 January 2023 at 07:00 under RNS No 7476MAll other details remain unchanged.
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 certain figures contained in the announcement which it made on 4 January 2023 relating to the issue of ordinary shares of NIS 0.01 ("Ordinary Shares") on 31 December 2022 to certain persons (including PDMRs and/or PCAs) were incorrect.
In particular, it issued on 31 December 2022 a total of 480,143 (instead of 389,524) Ordinary Shares out of the Ordinary Shares held in treasury, as follows:
· 127,485 (instead of 104,408) Ordinary Shares to certain persons (including PDMRs and/or PCAs as detailed below) to satisfy deferred payments due to them under the Company's 2019, 2020 and 2022 bonus schemes.
· 177,386 (instead of 107,418) Ordinary Shares to PDMRs and/or their PCAs as detailed below to satisfy payments due to them under the Company's vested 2020 LTIP grant scheme.
· 79,097 (instead of 81,523) Ordinary Shares were issued to non-PDMRs to satisfy payments due to them under the Company's vested 2022 RSU grant scheme.
The previously announced issue on 31 December 2022 of 96,175 Ordinary Shares to PDMRs and/or their PCAs due to them under the Company's vested 2020 RSU grant scheme remains unchanged.
A number of the corresponding PDMR notifications have been amended as well.
Total Voting Rights
Following the issue of the 480,143 (instead of 389,524) Ordinary Shares on 31 December 2022 and following the repurchase of 32,779 Ordinary Shares on 3 January 2023, as of 3 January 2023, the number of Ordinary Shares in issue was 93,742,950 (instead of 93,652,331) (excluding treasury shares) and the Company held 21,145,427 (instead of 21,236,046) Ordinary Shares in treasury. Therefore, the total voting rights in the Company as of 3 January 2023 was 93,742,950 (instead of 93,652,331).
Consequently, the previously announced total voting rights in the Company announced between 4 January 2023 and 16 January 2023 also require amendment as follows:
Date of announcement | Total voting rights |
04-Jan-23 | 93,742,950 |
05-Jan-23 | 93,710,170 |
06-Jan-23 | 93,677,290 |
09-Jan-23 | 93,627,364 |
10-Jan-23 | 93,593,656 |
11-Jan-23 | 93,560,200 |
12-Jan-23 | 93,527,438 |
13-Jan-23 | 93,494,939 |
16-Jan-23 | 93,462,784 |
The above figures 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 | amendment | ||||||
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 2022 deferred bonus Issue of shares in connection with 2020 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 2022 | ||||||
(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 PDMR | ||||||
(b) | Initial notification/amendment | amendment | ||||||
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 2019 deferred bonus Issue of shares in connection with 2020 deferred bonus Issue of shares in connection with 2022 deferred bonus Issue of shares in connection with 2020 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 2022 | ||||||
(h) | Place of the transaction | Outside of a trading venue
| ||||||
1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
(a) | Name | Alon Cohen Naznin | ||||||
2 | Reason for the notification | |||||||
(a) | Position/status | CEO Plus500BOS EOOD. and Chief Operating Officer/PDMR | ||||||
(b) | Initial notification/amendment | amendment | ||||||
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 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 2022 | ||||||
(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 | amendment | ||||||
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 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 2022 | ||||||
(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 | amendment | ||||||
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 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 2022 | ||||||
(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 | amendment | ||||||
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 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 2022 | ||||||
(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 | amendment | ||||||
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 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 2022 | ||||||
(h) | Place of the transaction | Outside of a trading venue | ||||||