Board Update

RNS Number : 4114Y

Plus500 Limited

13 May 2021

 

13   May 2021

Plus500 Ltd.

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

Board Update

Plus500, a leading technology platform for trading Contracts for Difference ("CFDs") internationally, announces that, in line with Listing Rule 9.6.11 (3) disclosure requirements, following shareholder approval of Professor Jacob Frenkel as a Non-Executive director and Chair of the Board at the Company's Annual General Meeting ("AGM") on 4 May 2021, Professor Frenkel has also been appointed as a member of the Nomination Committee and Regulatory & Risk Committee, with immediate effect.

For further details Plus500 Ltd Elad Even-Chen, Chief Financial Officer Rob Gurner, Head of Investor Relations [phone] [phone] [e-mail] MHP Communications Reg Hoare, Rachel Mann, Pete Lambie [phone] [e-mail]

About Plus500

Plus500 operates a proprietary technology platform for individual customers to trade CFDs internationally. The Group offers more than 2,500 different underlying global financial instruments, comprising equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies. Customers of Plus500 can trade CFDs in more than 50 countries and in 32 languages. The trading platform is accessible from multiple operating systems (Windows, iOS, Android and Surface) and web browsers. Plus500 retains operating licences and is regulated in the United Kingdom, Australia, Cyprus, Israel, New Zealand, South Africa, Singapore and the Seychelles.

Customer care is and has always been integral to Plus500, as such, customers cannot be subject to negative balances. A free demo account is available on an unlimited basis for 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 does not utilise cold calling techniques and does not offer binary options.  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

 

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