Director/PDMR Shareholding

RNS Number : 2195Q

Plus500 Limited

17 February 2023

 

17 February 2023

Plus500 Ltd.

("Plus500" or "the Company")

Grant of Restricted Share Units and Ordinary shares awards

Plus500, a global multi-asset fintech group operating technology-based trading platforms, announces that on 15 February 2023 it granted Restricted Share Units ("RSUs"), LTIP awards and ordinary shares under the Company's 2023 deferred bonus scheme, to Executive Directors, PDMRs and/or their PCAs and certain employees of the Company and its subsidiaries, in respect of their remuneration packages for the 2023 financial year, as follows:

· 141,896 RSUs over Ordinary Shares to certain PDMRs and/or their PCAs, in respect of their remuneration packages for the 2023 financial year. Each RSU represents an unfunded, unsecured right to receive, on the applicable settlement date, one Ordinary Share (subject to certain performance goals and to the terms of the Company's 2020 Equity Incentive Plan).

·   239,192 RSUs over Ordinary Shares to certain employees of the Company and its subsidiaries, in respect of their remuneration packages for the 2023 financial year. Each RSU represents an unfunded, unsecured right to receive, on the applicable settlement date, one Ordinary Share (subject to certain performance goals and to the terms of the Company's 2020 Equity Incentive Plan).

·   LTIP awards in respect of 168,540 Ordinary Shares under the Company's 2023 LTIP awards to Executive Directors and PDMRs and/or their PCAs. On 31 December 2025, the vesting date, the Company will announce the number of Ordinary Shares (out of the Ordinary Shares held in treasury) which have vested. The number of Ordinary Shares to be allotted for the 2023 LTIP awards will be calculated based on a price of 1,450 pence per Ordinary Share as adjusted for shareholder returns.

· LTIP awards in respect of 59,861 Ordinary Shares under the Company's 2023 LTIP awards to PDMRs and/or their PCAs. On 31 December 2025, the vesting date, the Company will announce the number of Ordinary Shares (out of the Ordinary Shares held in treasury) which have vested. The number of Ordinary Shares to be allotted for the 2023 LTIP awards will be calculated based on a price of 1,856 pence per Ordinary Share as adjusted for shareholder returns.

· 43,890 Ordinary Shares under the Company's 2023 deferred bonus scheme. The number of Ordinary Shares to be allotted for the 2023 deferred bonus scheme will be calculated based on a price of 1,856 pence per Ordinary Share as adjusted for shareholder returns.

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, provide further details.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

PDMR notifications

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation as it applies in the UK , provides further detail.

1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	David Zruia
2	Reason for the notification
(a)	Position/status	Group CEO/PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of shares in connection with 2023 LTIP Grant of shares in connection with 2023 deferred bonus
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 106,215
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Elad Even-Chen Consulting Service Ltd.
2	Reason for the notification
(a)	Position/status	Person Closely Associated with Elad Even-Chen CFO/PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of shares in connection with 2023 LTIP Grant of shares in connection with 2023 deferred bonus
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 106,215
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Alon Cohen Naznin
2	Reason for the notification
(a)	Position/status	CEO Plus500BOS EOOD. and Chief Operating Officer/PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of shares in connection with 2023 LTIP
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 38,309
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Ofir Chudin
2	Reason for the notification
(a)	Position/status	CEO Plus500CY Ltd./PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of shares in connection with 2023 LTIP
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,388
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Mark Winton
2	Reason for the notification
(a)	Position/status	CEO Plus500UK Ltd. /PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of shares in connection with 2023 LTIP
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,388
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Sean Murphy
2	Reason for the notification
(a)	Position/status	CEO Plus500AU Pty. Ltd./PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of shares in connection with 2023 LTIP
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,388
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Choh Tong Goh
2	Reason for the notification
(a)	Position/status	CEO Plus500SG PTE.Ltd./PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of shares in connection with 2023 LTIP
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,388
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue

1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Nir Zats
2	Reason for the notification
(a)	Position/status	Chief Marketing Officer/PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of 2023 Restricted Share Units
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 51,134
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(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
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of 2023 Restricted Share Units
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 23,010
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Al Yaros
2	Reason for the notification
(a)	Position/status	Chief Technology Officer /PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of 2023 Restricted Share Units
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 23,010
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Yevgeni Shtuckmeyster
2	Reason for the notification
(a)	Position/status	Chief Regulation Officer /PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of 2023 Restricted Share Units
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 19,175
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue
1	Details of PDMR / person closely associated with them ("PCA")
(a)	Name	Erez Levy
2	Reason for the notification
(a)	Position/status	CEO Plus500IL Ltd. /PDMR
(b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of 2023 Restricted Share Units
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 6,392
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue

1	Details of PDMR / person closely associated with them ("PCA")
(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
(a)	Name	Plus500 Ltd.
(b)	Legal Entity Identifier code	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	Ordinary shares of NIS 0.01 par value ("Shares")
(b)	Identification Code	IL0011284465
(c)	Nature of the transaction	Grant of 2023 Restricted Share Units
(d)	Currency	ILS
(e)	Price(s) and volume(s)	Price(s) Volume(s) Nil 19,175
[(f)	Aggregated information	Price: N/A Volume:  N/A
(g)	Date of the transaction	1 5 February 2023
(h)	Place of the transaction	Outside of a trading venue

 

END

 

 

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