REG - Plus500 Ltd - AGM Results

Plus500Announcement

06/05/2025 12:15

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RNS Number : 5222H  Plus500 Limited  06 May 2025

6 May 2025
 

 

Plus500 Ltd.

("Plus500", the "Company" or together with its subsidiaries the "Group")

AGM Results

Plus500, a global multi‐asset fintech group operating proprietary
technology‐based trading platforms, announces the results of resolutions
proposed at today's Annual General Meeting ("AGM").

Each of the resolutions proposed were voted on by way of a poll. All but one
of the resolutions (namely resolution 11, which was an advisory vote) were
passed by the requisite majorities. For information, the full results of the
poll are set out below:

 Resolutions                                                       For         % Votes cast  Against     % Votes cast  Vote Withheld  Total Votes Cast (excl. Votes Withheld)  % of issued share capital*
 1. Re‐elect David Zruia                                           43,148,608  95.45         2,058,879   4.55          1,105          45,207,487                               62.09
 2. Re‐elect Elad Even‐Chen                                        42,916,341  94.93         2,291,148   5.07          1,103          45,207,489                               62.09
 3. Re‐elect Steve Baldwin                                         34,963,593  77.34         10,243,896  22.66         1,103          45,207,489                               62.09
 4. Re‐elect Varda Liberman                                        39,078,605  86.44         6,128,884   13.56         1,103          45,207,489                               62.09
 5. Re‐elect Jacob A. Frenkel                                      39,765,733  89.97         4,434,195   10.03         1,008,664      44,199,928                               60.71
 6. Re‐appoint the auditors and authorise                          43,535,079  96.30         1,672,964   3.70          549            45,208,043                               62.09

 Board to fix

 remuneration of auditors
 7. Amend Articles of Association                                  42,664,012  94.45         2,507,747   5.55          36,833         45,171,759                               62.04
 8. Authorise issue of equity                                      43,480,732  96.18         1,727,389   3.82          471            45,208,121                               62.09
 9. Authorise issue of equity for acquisitions                     43,492,949  96.21         1,714,446   3.79          1,197          45,207,395                               62.09
 10. Authorise purchase of own shares                              42,141,090  93.52         2,919,218   6.48          148,284        45,060,308                               61.89
 11. Advisory vote ‐ Approve the Directors' Remuneration Report    21,986,725  48.64         23,220,100  51.36         1,767          45,206,825                               62.09

To view the full wording of, and the votes required for, each of the
resolutions, please refer to the Notice of 2025 Annual General Meeting which
is available on the Company's website.

Votes withheld are not a vote in law and have not been counted in the
calculation of the votes for and against the resolution, the total votes
validly cast or the calculation of the proportion of issued share capital
voted.

The Board of Plus500 notes that 20% or more of votes cast were cast against
the Board's recommendation for resolutions 3 and 11, the latter of which is an
advisory vote. The Board has noted the outcome of these votes, and it takes
such matters seriously. The Board will continue to engage with shareholders
and shareholder advisory bodies to ensure their feedback continues to inform
the Company's approach to governance and remuneration, while taking into
account the specific needs and profile of the Company.

 In accordance with the UK Corporate Governance Code, Plus500 will publish
the outcome of this engagement in the next six months.

UK Listing Rule 6.4.2R and total voting rights

In accordance with UK Listing Rule 6.4.2R, copies of the resolutions that were
passed at the annual general meeting, which do not constitute ordinary
business will shortly be available for inspection via the National Storage
Mechanism: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

*As at 31 March 2025, the day on which shareholders had to be on the register
in order to be eligible to vote, the number of Ordinary Shares of NIS 0.01 in
issue entitling the holders to vote on all the resolutions at the AGM, was
72,806,286 (excluding treasury shares), and the Company held
42,082,109 Ordinary Shares in treasury.

The voting poll results are available on the Company's website at
www.plus500.com.

For further details

 Plus500 Ltd.
   Elad Even-Chen, Chief Financial Officer   +972 4 8189503

   Owen Jones, Head of Investor Relations    +44 (0) 7551 654208

                                             ir@Plus500.com (mailto:ir@Plus500.com)

 DGA Group
   James Melville-Ross                       +44 (0)20 7038 7411

   James Styles                              Plus500@dgagroup.com (mailto:Plus500@dgagroup.com)

   Methuselah Tanyanyiwa

 

About Plus500

Plus500 is a global multi-asset fintech group operating proprietary
technology-based trading platforms. Plus500 offers customers a range of
trading products, including OTC ("Over-the-Counter" products, namely Contracts
for Difference (CFDs)), share dealing, as well as futures and options on
futures.

The Group retains operating licences and is regulated in the United Kingdom,
Australia, Cyprus, Israel, New Zealand, South Africa, Singapore, the
Seychelles, the United States, Estonia, Japan, the UAE and the Bahamas and
through its OTC product portfolio, offers more than 2,500 different underlying
global financial instruments, comprising equities, indices, commodities,
options, ETFs, foreign exchange and cryptocurrencies. Customers of the Group
can trade its OTC products in more than 60 countries and in 30 languages.

Plus500's trading platforms are accessible from multiple operating systems
(iOS, Android and Windows) and web browsers. Customer care is, and has always
been, integral to Plus500. As such, OTC customers cannot be subject to
negative balances. A free demo account is available on an unlimited basis for
OTC trading platform users and sophisticated risk management tools are
provided free of charge to manage leveraged exposure, and stop losses to help
customers protect profits, while limiting capital losses.

Plus500 was admitted to trading on the London Stock Exchange (LON: PLUS) on 24
July 2013. It was admitted to the Equity Shares in Commercial Companies
("ESCC") Category of the Official List and is a constituent of the FTSE 250
Index and the STOXX Europe 600 Index. Website: www.plus500.com
(http://www.plus500.com/) .

 

 

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