31 December 2020
Plus500 Ltd.
("Plus500" or "the Company")
Director/PDMR Dealing and Total Voting Rights
Plus500, a leading online service provider for trading Contracts for Difference internationally, announces that today it has issued 5,280 ordinary shares of NIS 0.01 ("Ordinary Shares") out of the Ordinary Shares held in treasury to certain persons to satisfy deferred payments due to them under the Company's 2019 bonus scheme. The number of ordinary shares allotted was calculated based on the ordinary share price at a price of 1,370 pence per share as adjusted for dividends.
Following the issue of these shares, the number of Ordinary Shares in issue will be 103,456,734 (excluding treasury shares), and the Company will hold 11,436,923 ordinary shares in treasury. Therefore, the total voting rights in Plus500 will be 103,456,734. 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 notification
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Elad Even-Chen Consulting Service Ltd. |
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2 |
Reason for the notification |
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a) |
Position/status |
Person Closely Associated with Elad Even-Chen PDMR |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Plus500 Ltd. |
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b) |
LEI |
549300X8NGW9C50JZU13 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of NIS 0.01 par value ("Shares")
IL0011284465
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b) |
Nature of the transaction |
Issue of shares in connection with 2019 deferred bonus |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
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Price: N/A Volume: N/A |
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e) |
Date of transaction |
31 December 2020 |
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f) |
Place of transaction |
Outside of a trading venue |