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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Plus500 Ltd | LSE:PLUS | London | Ordinary Share | IL0011284465 | ORD ILS0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
2.00 | 0.09% | 2,156.00 | 2,160.00 | 2,164.00 | 2,172.00 | 2,148.00 | 2,148.00 | 188,625 | 16:35:06 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security,commodity Exchanges | 726.2M | 271.4M | 3.4195 | 6.33 | 1.72B |
TIDMPLUS
RNS Number : 4052C
Plus500 Limited
28 June 2016
28 June 2016
Plus500 Ltd.
("Plus500" or "the Company")
Board Changes
Plus500, a leading online service provider for retail customers to trade CFDs internationally, is pleased to announce the appointment of Mrs. Penelope Ruth Judd (née Partridge), aged 53, as Non-Executive Director of the Company and a member of the Board of Directors with effect from 28 June 2016. She will complement Alastair Gordon, Charles Fairbairn and Daniel King as UK-based non-executives of the Company and will chair the newly formed Risk and Compliance Committee.
Mrs. Judd is a chartered accountant with over 30 years of City and financial services experience specialising in Compliance, Governance, Regulation, Corporate Finance and Audit. She is currently Managing Director, EMEA Head of Compliance at Nomura International Plc, a position that she has held for the last three years and is due to step down from at the end of June 2016 to pursue a portfolio non-executive career. Prior to this Mrs. Judd worked at UBS Investment Bank for 9 years and held the position of Managing Director, EMEA Head of Compliance from 2007 until 2012.
Mrs. Judd began her professional career at KPMG where she qualified as a chartered accountant. She left KPMG to join the UK Listing Authority, where she managed the Equity Markets Division responsible for admission of companies to the Official List and AIM and regulation of listed companies. In 2000, Mrs. Judd joined the Corporate Finance team at Cazenove & Co focusing on bringing companies to the main market as well as advising on M&A and capital raisings.
Further to the appointment of Mr. Elad Even-Chen as Group Chief Financial Officer as announced on 15 March 2016, the Company is pleased to announce that Mr. Even-Chen, aged 30, will join the Board of Plus500 with effect from 28 June 2016. Mr. Even-Chen is currently a director of Plus500CY Ltd.
Mr. Even-Chen holds two Share Appreciation Rights (SARs) in relation to Plus500 shares. The first, a NIS 500,000 SAR with a base price of GBP5.20 subject to a maximum cash payout of NIS 2,000,000 and a payout date of 1 January 2017. The second, a NIS 650,000 SAR with a base price of GBP3.89 subject to a maximum cash payout of NIS 2,600,000 and a payout date of 3 January 2018. The SARs are subject to early payout in the event of a change of control of the company.
Additionally, Plus500 today announces that Mrs. Inbal Marom, has elected to step down from the Board, effective 1 July 2016.
Alastair Gordon, Chairman of Plus500, said: "We're delighted to welcome a non-executive of the calibre of Mrs. Judd to the Board of Plus500. She will be of great value to the Company, and we look forward to benefitting from her guidance as we continue to grow our business."
There are no other matters required to be disclosed pursuant to paragraph (g) of schedule 2 of the AIM Rules.
For further enquiries, please contact:
Plus500 Ltd. Tel: +972 4 8189503 Elad Even-Chen, Chief Financial Officer www.plus500.com Liberum (Nominated Adviser & Joint Tel: +44 20 3100 Broker) 2222 Clayton Bush, Josh Hughes www.liberum.com Berenberg (Joint Broker) Tel: +44 20 3207 Chris Bowman, Amritha Murali, Marie 7800 Stolberg www.berenberg.de/en MHP Communications Tel: +44 20 3128 Reg Hoare, Tim Rowntree, Kelsey 8100 Traynor plus500@mhpc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOALLFEERTIDFIR
(END) Dow Jones Newswires
June 28, 2016 02:01 ET (06:01 GMT)
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