Director Change

RNS Number : 8748G

Plus500 Limited

12 May 2014

 



For immediate release

12 May 2014

Plus500 Ltd.

("Plus500" or "the Company")

Resignation of Non-Executive Director

Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces that Henry Birch, a non-executive director of the Company, has been appointed as Chief Executive Officer of the Rank Group Plc. In order to fully focus on his business commitment, Henry had to resign from the Board with immediate effect.

The Company will seek to replace Mr Birch and will make a further announcement in due course.

For further details:

Plus500 Ltd Elad Even-Chen VP Business Development and Head of Investor Relations [e-mail]	Tel: [phone]
Liberum - Nomad and Broker Chris Bowman / Thomas Bective www.liberum.com	Tel: [phone]
Buchanan Jeremy Garcia / Sophie McNulty / Clare Akhurst www.buchanan.uk.com	Tel: [phone]

About Plus500

Company website: www.plus500.com

Plus500 has developed and operates an online trading platform for retail customers to trade CFDs internationally over more than 1,900 different underlying global financial instruments comprising equities, ETFs, foreign exchange, indices and commodities. The Company enables retail customers to trade CFDs in more than 50 countries. The trading platform is accessible from multiple operating systems (Window, smartphones (iOS and Android) and tablets (iOS and Android)) and the internet. The Directors believe that the success of the Company to date has been primarily due to the proprietary technology it has developed and continues to develop to support the trading platform. The trading platform has been designed to be as intuitive and easy to use as possible. The trading platform has been localised into over 31 languages. The Directors believe that this emphasis on technology, together with the Company's targeted online marketing strategy, has helped to differentiate the Company from its competitors.

 

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