Last checked at 10 Jul 2018 13:39
10 July 2018
Plus500 Ltd.
("Plus500" or "the Company")
Result of AGM
Plus500, a leading online service provider for trading CFDs internationally, is pleased to announce that at the Annual General Meeting ("AGM") of the Company held today 10 July 2018, all resolutions were duly passed by shareholders by means of a poll vote.
For information, the votes cast were as follows:
Resolutions | For | % Votes cast | Against | % Votes cast | Total Votes Cast (excl. Votes Withheld) | Vote Withheld |
1. Re-Elect Penelope Judd | 74,137,688 | 99.41 | 438,521 | 0.59 | 74,576,209 | 0 |
2. Re-Elect Gal Haber | 71,600,786 | 96.01 | 2,975,423 | 3.99 | 74,576,209 | 0 |
3. Re-Elect Asaf Elimelech | 73,356,401 | 98.36 | 1,219,808 | 1.64 | 74,576,209 | 0 |
4. Re-Elect Elad Even-Chen | 72,135,465 | 96.73 | 2,440,744 | 3.27 | 74,576,209 | 0 |
5. Re-Elect Steven Baldwin | 72,924,009 | 98.44 | 1,159,155 | 1.56 | 74,083,164 | 493,045 |
6. Reappoint the auditors | 51,386,271 | 73.33 | 18,689,221 | 26.67 | 70,075,492 | 4,500,717 |
7. Disapply pre-emption rights | 74,572,970 | 99.99 | 184 | 0.01 | 74,573,154 | 3,055 |
8. Purchase own shares | 56,459,585 | 76.19 | 17,646,358 | 23.81 | 74,105,943 | 470,099 |
The Board of Plus500 notes that there have been a number of votes cast against Resolution 6 and 8, as above. The Board takes these votes seriously, will consider shareholder feedback thereon and reiterates its commitment to maintaining the highest governance standards.
At 10 July 2018, the issued share capital of the Company was 114,888,377 Ordinary Shares of NIS 0.01 each (including 980,146 Ordinary Shares held by the Company as treasury shares).
In accordance with Listing Rule 9.6.2, copies of the resolutions 7 and 8 will be submitted to the National Storage Mechanism and will be available for viewing at www.morningstar.co.uk/uk/nsm
The proxy figures for the resolutions will also displayed on the Company's website - www.plus500.com
For further details:
Plus500 Ltd
Elad Even-Chen, Chief Financial Officer
ir@Plus500.com
Tel: +972-4-8189503
Liberum - joint broker
Clayton Bush, Neil Elliot, Josh Hughes, William Hall
Tel: 020 3100 2222
Berenberg - joint broker
Chris Bowman, Mark Whitmore
Tel: 020 3207 7800
MHP Communications
Reg Hoare, Tim Rowntree, Kelsey Traynor, Pete Lambie
plus500@mhpc.com
Tel: 020 3128 8100
About Plus500
Plus500 operates an online trading platform for individual customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, ETFs, cryptocurrencies and foreign exchange. Individual customers of Plus500 can trade CFDs in more than 50 countries and in 32 languages. The trading platform is also accessible from multiple operating systems (Windows, smartphones (iOS, Android and Windows Phone), tablets (iOS, Android and Surface), and web browsers).
Plus500 retains operating licences and is regulated in the United Kingdom, Australia, Cyprus, Israel, New Zealand, South Africa and Singapore. Customer care is integral to Plus500: customers cannot be subject to negative balances and there are no commissions on trades. Plus500 does not utilise cold calling techniques and does not offer binary options. A free demo account is available on an unlimited basis for platform users and sophisticated risk management tools are provided free of charge to manage your leveraged exposure and stop losses to help customers protect profits and limit capital losses.