TIDMPLUS

RNS Number : 6663D

Plus500 Limited

20 February 2020

   20   February 20 20

Plus500 Ltd.

("Plus500" or "the Company")

Result of EGM

Plus500, a leading online service provider for trading Contracts for Difference ("CFDs") internationally, is pleased to announce that at the Extraordinary General Meeting ("EGM") of the Company held today 2 0 February 20 20 , all resolutions were duly passed.

For information, the votes cast were as follows:

 
    Resolutions         For       % Votes    Against     % Votes     Total Votes      Vote Withheld 
                                    cast                   cast       Cast (excl. 
                                                                    Votes Withheld) 
 1 . Remuneration 
  terms for 
  Asaf Elimelech     50,106,651    64.57    27,495,009    35.43       77,601,660            - 
                    -----------  --------  -----------  --------  -----------------  -------------- 
 2 . Remuneration 
  terms for 
  Elad Even-Chen     50,157,827    64.59    27,495,009    35.41       77,652,836            - 
                    -----------  --------  -----------  --------  -----------------  --------------

Votes withheld are not a vote in law and have not been counted in the calculation of the votes for and against the resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.

In accordance with Listing Rule 9.6.2R, copies of all the resolutions passed will shortly be submitted to the National Storage Mechanism and will be available for inspection at http://www.morningstar.co.uk/uk/nsm . A summary of the poll results in respect of each resolution is set out above.

The Board of Plus500 notes that there have been a number of votes (more than 20%) cast against Resolutions 1 and 2 , as above. The Board engaged with shareholder bodies and selected shareholders throughout the process and took into account their feedback and amended the terms of remuneration arrangements accordingly . T he Board, with the support of the Remuneration Committee, takes these votes seriously, and will continue to consider shareholder feedback to ensure it is better understood and implemented as appropriate. The Board also reiterates its commitment to achieving the highest governance standards.

The total number of shares in issue at 6.00pm on 19 February 2020 was 114,888,377 ordinary shares of NIS 0.01 each of which the Company holds 6,852,689 ordinary shares in treasury. Therefore, the total voting rights in Plus500 are 108,035,688 .

The Notice of EGM and the voting results are also available on the Plus500 Ltd. website at https://www.plus500.co.uk/Investors/CompanyAnnouncements

Enquiries

For further details:

 
 Plus500 Ltd                                Tel: +972-4 8189503 
  Elad Even-Chen, Chief Financial Officer 
  ir@Plus500.com 
 MHP Communications                          Tel: 020 3128 
  Reg Hoare, Rachel Mann , Pete Lambie        8570 
  plus500@mhpc.com

About Plus500

Plus500 operates an online trading platform for individual customers to trade CFDs internationally. The Group offers more than 2,800 different underlying global financial instruments, comprising equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies. Individual customers of Plus500 can trade CFDs in more than 50 countries and in 32 languages. The trading platform is accessible from multiple operating systems (Windows, smartphones (iOS, Android and Windows Phone), tablets (iOS, Android and Surface) and web browsers). Plus500 retains operating licences and is regulated in the United Kingdom , Australia , Cyprus , Israel , New Zealand , South Africa , Singapore and the Seychelles . Customer care is integral to Plus500: customers cannot be subject to negative balances. Plus500 does not utilise cold calling techniques and does not offer binary options. A free demo account is available on an unlimited basis for platform users, and sophisticated risk management tools are provided free of charge to manage leveraged exposure, and stop losses to help customers protect profits and limit capital losses. Plus500 is listed on the main market of the London Stock Exchange, under the symbol PLUS . www.plus500.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

ROMFLFERFIIIFII

(END) Dow Jones Newswires

February 20, 2020 12:30 ET (17:30 GMT)

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