2 May 2023 15:55
2 May 2023
Plus500 Ltd.
("Plus500" or "the Company" and together with its subsidiaries "the Group")
Director/PDMR Dealing and Total Voting Rights
Plus500, a global multi-asset fintech group operating proprietary technology-based trading platforms, announces that today it has issued 6,033 ordinary shares of NIS 0.01 ("Ordinary Shares") out of the Ordinary Shares held in treasury and an additional 6,997 Ordinary Shares out of the Ordinary Shares held in treasury, in accordance with resolution 17 and resolution 18, respectively, as both approved by shareholders at the Company's 2023 AGM. Hence, the Company has issued a total of 13,030 Ordinary Shares out of the Ordinary Shares held in treasury.
The number of Ordinary Shares allotted is calculated based on the price for the Ordinary Shares on 1 January 2023, which was 1,804 pence per share. Following the issue of 13,030 Ordinary Shares on 2 May 2023, the number of Ordinary Shares in issue on 2 May 2023 will be 91,002,197 (excluding treasury shares), and the Company will hold 23,886,180 Ordinary Shares in treasury. Therefore, the total voting rights in Plus500 will be 91,002,197. This figure for the total number of voting rights 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 set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Jacob A. Frenkel |
2 | Reason for the notification | |
a) | Position/status | PDMR |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Plus500 Ltd. |
b) | LEI | 549300X8NGW9C5OJZU13 |
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, type of instrument
Identification code | Ordinary shares of NIS 0.01 par value ("Shares")
IL0011284465
|
b) | Nature of the transaction | Issue of shares as part of Jacob A. Frenkel's service fees as a Non‐Executive Director and Chair of the Board, in accordance with the 2023 AGM results |
c) | Price(s) and volume(s) | Price: NilNumber of shares: 6,033
|
d) | Aggregated information | N/A (a single transaction)
|
e) | Date of transaction | 1 January 2023 |
f) | Place of transaction | Outside of a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Jacob A. Frenkel |
2 | Reason for the notification | |
a) | Position/status | PDMR |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Plus500 Ltd. |
b) | LEI | 549300X8NGW9C5OJZU13 |
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, type of instrument Identification code | Ordinary shares of NIS 0.01 par value ("Shares")
IL0011284465 |
b) | Nature of the transaction | Issue of shares to Jacob A. Frenkel in accordance with the 2023 AGM results |
c) | Price(s) and volume(s) | Price: Nil Number of shares: 6,997
|
d) | Aggregated information | N/A (a single transaction) |
e) | Date of transaction | 1 January 2023 |
f) | Place of transaction | Outside of a trading venue |
Plus500 (PLUS)