REG - Plus500 Ltd - EGM Results

Plus500Announcement

24/07/2023 11:45

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RNS Number : 9780G  Plus500 Limited  24 July 2023

24 July 2023
 

Plus500 Ltd.

 

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

EGM Results

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

The resolution proposed was voted on by way of a poll and passed by the
requisite majority. This will enable the continuation of the existing buyback
programme announced on 14 February 2023, and should the Board determine, allow
Plus500 to make future purchases of ordinary shares prior to the Company's
2024 AGM.

For further information, the full results of the poll are set out below:

 Resolution              For         % Votes cast  Against    % Votes cast  Vote Withheld  Total Votes Cast (excl. Votes Withheld)  % of issued share capital*
 1. Purchase own shares  38,005,775  80.66%        9,114,401  19.34%        142,536        47,120,176                               57.26%

To view the full wording of, and the votes required for, the resolution,
please refer to the Notice of Extraordinary 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.

Listing Rule 9.6.2 and total voting rights

In accordance with Listing Rule 9.6.2, copy of the resolution that was passed
at the extraordinary general meeting, which does 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 3 July 2023, 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 EGM, was
82,295,911 (excluding treasury shares), and the Company held 32,592,466
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

                                          ir@Plus500.com (mailto:ir@Plus500.com)
 Dentons Global Advisors
 James Melville-Ross                      +44 (0)20 7664 5095

 James Styles                             plus500@dentonsglobaladvisors.com (mailto:plus500@dentonsglobaladvisors.com)

 Leah Dudley

 

 

 

 

 

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 and the UAE 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 50 countries and in 30 languages. Plus500 does
not permit customers located in the US to trade its OTC products. Plus500 does
not utilise cold calling techniques and does not offer binary options.
Plus500's trading platforms are accessible from multiple operating systems
(Windows, iOS and Android) 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 shares have a premium
listing on the Main Market of the London Stock Exchange (symbol: PLUS) and are
a constituent of the FTSE 250 index. www.plus500.com (http://www.plus500.com)
.

 

 

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