Director/PDMR Dealing and Total Voting Rights

RNS Number : 1723K

Plus500 Limited

03 May 2022

 

3 May 2022

Plus500 Ltd.

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

Director/PDMR Dealing and Total Voting Rights

Plus500, a global multi-asset fintech group operating proprietary technology-based trading platforms, announces that today   it has issued 6,645 ordinary shares of NIS 0.01 ("Ordinary Shares") out of the Ordinary Shares held in treasury and an additional 7,520 Ordinary Shares out of the Ordinary Shares held in treasury, in accordance with resolution 18 and resolution 19, respectively, as both approved by shareholders at the Company's 2022 AGM. Hence, the Company has issued a total of 14,165 Ordinary Shares out of the Ordinary Shares held in treasury.

The number of Ordinary Shares allotted is calculated based on the price for the Ordinary Shares on 1 January 2022, which was 1,361 pence per share. Following the issue of 14,165 Ordinary Shares on 3 May 2022, the number of Ordinary Shares in issue on 3 May 2022 will be 98,996,312 (excluding treasury shares), and the Company will hold 15,892,065 Ordinary Shares in treasury. Therefore, the total voting rights in Plus500 will be 98,996,312. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

PDMR notifications

The notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jacob A. Frenkel
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Plus500 Ltd.
b)	LEI	549300X8NGW9C50JZU13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of NIS 0.01 par value ("Shares") IL0011284465
b)	Nature of the transaction	Issue of shares as part of Jacob A. Frenkel's service fees as a Non‐Executive Director and Chair of the Board, in accordance with the 2022 AGM results
c)	Price(s) and volume(s)	Price: Nil Number of shares: 6,645
d)	Aggregated information	N/A (a single transaction)
e)	Date of transaction	1 January 2022
f)	Place of transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jacob A. Frenkel
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Plus500 Ltd.
b)	LEI	549300X8NGW9C50JZU13
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of NIS 0.01 par value ("Shares") IL0011284465
b)	Nature of the transaction	Issue of shares to Jacob A. Frenkel in accordance with the 2022 AGM results
c)	Price(s) and volume(s)	Price: Nil Number of shares:  7,520
d)	Aggregated information	N/A (a single transaction)
e)	Date of transaction	1 January 2022
f)	Place of transaction	Outside of a trading venue

 

END

 

 

DSHBUGDUDSGDGDX