Holding(s) in Company

RNS Number : 4607M

Plus500 Limited

13 October 2016

 

13 October 2016

Plus500 Ltd.

("Plus500" or "the Company")

Holding(s) in Company

Plus500 was notified on 12 October that JP Morgan Asset Management Holdings Inc., and its controlled undertakings, have an aggregate relevant interest in 5,834,916 shares or 5.08% of the issued share capital of the Company. The interest is as follows:

JPMorgan Asset Management (UK) Limited	5,826,871 shares (5.07%)*
J.P Morgan Investment Management Inc.	8,045 shares (0.01%)

^*Held in the capacity of discretionary investment manager for various funds.

For further information please contact:                                                                                       

Plus500 Ltd	[phone]
Elad Even-Chen, Chief Financial Officer

Liberum - Nomad and Broker	[phone]
Clayton Bush, Josh Hughes

Berenberg (Joint Broker)	[phone]
Chris Bowman, Amritha Murali, Marie Stolberg

MHP Communications	[phone]
Reg Hoare, Tim Rowntree, Kelsey Traynor
[e-mail]

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 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, ETFs and foreign exchange. 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, Android and Windows Phone), tablets (iOS, Android and Surface), Apple Watch and web browsers. 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 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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