REG - Plus500 Ltd - Notice of Extraordinary General Meeting

Plus500Announcement

22/12/2023 07:00

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RNS Number : 6939X  Plus500 Limited  22 December 2023

22 December 2023

Plus500 Ltd.

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

Notice of Extraordinary General Meeting

Plus500, a global multi-asset fintech group operating proprietary
technology-based trading platforms, announces that following its announcement
of 4 December 2023 regarding its Extraordinary General Meeting to be held at
10.00 am (UK time) on Monday, 8 January 2024 ("EGM") for the purposes of
approving three resolutions relating to the election of Independent
Non-Executive Directors and External Directors, the Company hereby advises
that an updated Notice of EGM is available for review
at https://investors.plus500.com/Governance/Announcements
(https://investors.plus500.com/Governance/Announcements) .

 

The updated EGM Notice reflects an update to the terms of the proposed
election of Ms. Anne Grim as a director in the Company, such that she will now
be put forward for election as an Independent Non-Executive Director for a
one-year term, instead of as an External Director and Independent
Non-Executive Director, under Israel's Companies Law, for a three-year term.
In the Board's view, this proposal better aligns the Company with the UK
Corporate Governance Code. The requisite majority for approving Ms. Grim's
election remains unchanged.

 

The EGM will be held at the offices of Liberum Capital Limited, Ropemaker
Place, 25 Ropemaker Street, London EC2Y 9LY. There is no change to the date
and time of the EGM, the record date of shareholders entitled to vote at the
EGM or the deadline for submission of a Form of Proxy and Form of Direction,
as applicable, as set forth in the notes to the Notice of EGM. The Company is
committed to ensuring that all shareholders are given an opportunity to
participate in the EGM and the Board has therefore decided, as previously
announced, to hold the EGM as a hybrid meeting, by implementing certain
additional arrangements to allow shareholders to participate and vote
virtually at the EGM and submit questions through a virtual platform. Further
details of these arrangements are set out in the EGM Notice.

 

An updated Form of Proxy and an updated Form of Direction are also available
at https://investors.plus500.com/Governance/Announcements
(https://investors.plus500.com/Governance/Announcements) .

 

Shareholders and Depositary Interests holders ("DI Holders") may vote either
by printing the updated Form of Proxy or updated Form of Direction, as
applicable, or by submitting the original Form of Proxy or Form of Direction
received. Shareholders and DI holders that submitted a Form of Proxy or Form
of Direction, as applicable, prior to the date hereof may replace their prior
vote or elect not to change their vote and not take any further action, in
which case the original Form of Proxy or Form of Direction submitted shall be
counted for purposes of their vote.

 

To be valid, any Form of Proxy or other instrument appointing a proxy and any
power of attorney or other authority under which it is signed, or a notarially
certified or office copy of such power or authority, must be received by post
or (during normal business hours only) by hand at (i) Link Group, PXS1,
Central Square, 29 Wellington Street, Leeds LS1 4DL or (ii) Plus500, Investor
Relations, Matam, Building 25, Haifa 3190500, Israel (or by email to
ir@plus500.com), by no later than 10.00 a.m. (UK time) on 4 January 2024.

 

In the case of DI holders, a Form of Direction must be completed in order to
instruct the Depository whose registered office is at Link Group, PXS1,
Central Square, 29 Wellington Street, Leeds LS1 4DL to vote on the holder's
behalf at the meeting. To be effective, a completed and signed Form of
Direction must be deposited at Link Market Services Limited no later than
10.00 a.m. (UK time) on 3 January 2024.

 

In compliance with Listing Rule 9.6.1R of the UK Financial Conduct Authority
("FCA"), the updated Notice of EGM has been submitted today to the FCA's
National Storage Mechanism and will shortly be available for inspection in
unedited full text at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

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)
 Dentons Global Advisors
 James Melville-Ross                      +44 (0)20 7664 5095

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