17 June 2021
Plus500 Ltd.
("Plus500" or "the Company" and together with its subsidiaries "the Group")
Director/PDMR Dealing
Plus500, a leading online service provider for trading Contracts for Difference internationally, announces that it has granted 160,926 restricted share units ("RSUs") over ordinary shares of NIS0.01 of the Company ("Ordinary Shares") to director and employees of the Company or its subsidiaries in respect of such persons' remuneration packages for the 2021 financial year.
The RSUs were granted following their approval by the Remuneration Committee (to the extent required by law), Board of Directors, and, with respect to the Company's Chief Executive Officer, Mr. David Zruia, by the shareholders of the Company at the 2021 Annual General Meeting held on 4 May 2021 ("AGM"). Further information regarding the grant to Mr. Zruia is set out in the Notice of AGM dated 25 March 2021.
Each RSU represents an unfunded, unsecured right to receive, on the applicable settlement date, one Ordinary Share of the Company (subject to certain performance goals, the terms of the Company's Remuneration Policy as adopted by the Company's shareholders at the AGM and the Company's 2020 Equity Incentive Plan ).
Each RSU will vest on 31 December 2023 and 30% of the resulting Ordinary Shares will be subject to a further two year holding restriction ending on 31 December 2025.
PDMR notifications
The notifications 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 |
David Zruia |
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2 |
Reason for the notification |
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a) |
Position/status |
Group CEO/PDMR |
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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 |
Grant of Restricted Share Units |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
Price: N/A Volume: N/A |
||||
e) |
Date of transaction |
16 June 2021 |
||||
f) |
Place of transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Nir Zatz |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
Chief Marketing Officer/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 |
Grant of Restricted Share Units |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
Price: N/A Volume: N/A |
||||
e) |
Date of transaction |
16 June 2021 |
||||
f) |
Place of transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Ari Shotland |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
Chief Technical Officer/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 |
Grant of Restricted Share Units |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
Price: N/A Volume: N/A |
||||
e) |
Date of transaction |
16 June 2021 |
||||
f) |
Place of transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Erez L evy |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
CEO Plus500IL Ltd./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 |
Grant of Restricted Share Units |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
Price: N/A Volume: N/A |
||||
e) |
Date of transaction |
16 June 2021 |
||||
f) |
Place of transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Dani Magner |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
Chief Product and Risk Officer/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 |
Grant of Restricted Share Units |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
Price: N/A Volume: N/A |
||||
e) |
Date of transaction |
16 June 2021 |
||||
f) |
Place of transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Yevgeni Shtuckmeyster |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
Group VP regulation/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 |
Grant of Restricted Share Units |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
Price: N/A Volume: N/A |
||||
e) |
Date of transaction |
16 June 2021 |
||||
f) |
Place of transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Or Rotem |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
VP R&D/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 |
Grant of Restricted Share Units |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
Price: N/A Volume: N/A |
||||
e) |
Date of transaction |
16 June 2021 |
||||
f) |
Place of transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
a) |
Name |
Al Yaros |
||||
2 |
Reason for the notification |
|||||
a) |
Position/status |
System Architect /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 |
Grant of Restricted Share Units |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information
|
Price: N/A Volume: N/A |
||||
e) |
Date of transaction |
16 June 2021 |
||||
f) |
Place of transaction |
Outside of a trading venue |