REG - Plus500 Ltd - Plus500 obtains Representative Office in Colombia

Plus500Announcement

19/08/2025 07:00

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RNS Number : 8005V  Plus500 Limited  19 August 2025

19 August
2025

Plus500 Ltd.

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

Plus500 expands to Latin America with new Representative Office in Colombia

New authorisation enables the Group to build presence in the Colombian OTC
market

Plus500, a global multi‐asset fintech group operating proprietary
technology-based trading platforms, is pleased to announce that it has
obtained authorisation from the Colombian Financial Superintendence (SFC) to
establish a new representative office in Colombia.

This authorisation represents Plus500's first strategic expansion into Latin
America, further reinforcing the Group's global footprint and enhancing its
ability to engage with customers in this fast-growing region. The new Colombia
office will allow the Group to establish enhanced relationships with local
stakeholders and to ultimately deliver a localised and more tailored service
proposition to Colombian customers in the OTC market.

Building on this initial entry, the Group plans to expand its local
proposition progressively by introducing an omni-channel suite of innovative
products, strengthening customer engagement and supporting long-term growth.

David Zruia, Chief Executive Officer of Plus500, commented:

"We are delighted to have obtained authorisation to enter the Colombian
market. This is another significant milestone reflecting our commitment to
growing the Group's presence in new markets worldwide, while ensuring that we
continue to operate in full compliance with local regulatory frameworks. This
authorisation represents an important step in establishing our position in
Latin America.

Plus500 remains focused on delivering long-term, sustainable growth by
expanding into new territories, enhancing its technology-led trading
platforms, developing innovative new products and services for customers and
maintaining the highest regulatory standards."

 

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, the Bahamas and Canada
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/) .

Forward looking statements

This announcement contains statements that are or may be forward-looking
statements. All statements other than statements of historical facts included
in this announcement may be forward-looking statements, including statements
that relate to the Group's future prospects, developments and strategies. The
Company does not accept any responsibility for the accuracy or completeness of
any information reported by the press or other media, nor the fairness or
appropriateness of any forecasts, views or opinions express by the press or
other media regarding the Group. The Company makes no representation as to the
appropriateness, accuracy, completeness or reliability of any such information
or publication.

Forward-looking statements are identified by their use of terms and phrases
such as "believe", "targets", "expects", "aim", "anticipate", "project",
"would", "could", "envisage", "estimate", "intend", "may", "plan", "will" or
the negative of those, variations or comparable expressions, including
references to assumptions. The forward-looking statements in this announcement
are based on current expectations and are subject to known and unknown risks
and uncertainties that could cause actual results, performance and
achievements to differ materially from any results, performance or
achievements expressed or implied by such forward-looking statements. Factors
that may cause actual results to differ materially from those expressed or
implied by such forward looking statements include, but are not limited to,
those described in the Risk Management Framework section of the Company's most
recent Annual Report. These forward-looking statements are based on numerous
assumptions regarding the present and future business strategies of the Group
and the environment in which it is and will operate in the future. All
subsequent oral or written forward-looking statements attributed to the
Company or any persons acting on its behalf are expressly qualified in their
entirety by the cautionary statement above. Each forward-looking statement
speaks only as of the date of this announcement. Except as required by law,
regulatory requirement, the UK Listing Rules and the Disclosure Guidance and
Transparency Rules, neither the Company nor any other party intends to update
or revise these forward-looking statements, whether as a result of new
information, future events or otherwise.

 

 

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