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PLUS Plus500 Ltd

1,807.00
-2.00 (-0.11%)
Last Updated: 13:58:23
Delayed by 15 minutes
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 -0.11% 1,807.00 1,804.00 1,808.00 1,811.00 1,781.00 1,781.00 55,021 13:58:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security,commodity Exchanges 832.6M 370.4M 4.6668 3.87 1.43B

Plus500 Limited Holding(s) in Company (4941I)

19/06/2017 1:57pm

UK Regulatory


TIDMPLUS

RNS Number : 4941I

Plus500 Limited

19 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                             Plus500 Ltd 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  --------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights 
----------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of qualifying financial                              X 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------------  ------------------------------ 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
---------------------------------------------------------  -----  ------------------------------ 
 3. Full name of person(s)                                      Morgan Stanley (Institutional 
  subject to the                                                  Securities Group and Global 
  notification obligation:                                            Wealth Management) 
  (iii) 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                               14.06.2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                  19.06.2017 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                                 6%* 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------ 
 Class/type      Situation previous        Resulting situation after the 
  of              to the triggering         triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------  ------------------------------------------------------------ 
                 Number       Number       Number        Number of                % of voting 
                  of           of           of shares     voting                   rights (x) 
                  Shares       Voting                     rights 
                               Rights 
--------------  -----------  -----------  ------------  -----------------------  --------------------- 
                                           Direct        Direct        Indirect   Direct   Indirect 
                                                          (xi)         (xii) 
--------------  -----------  -----------  ------------  ------------  ---------  -------  ------------ 
 IL0011284465    3,012,331    3,012,331    0             0                        0.00% 
                -----------  -----------  ------------  ------------  ---------  -------  ------------ 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------ 
 Type of         Expiration                Exercise/     Number of     % of voting 
 financial        date (xiii)              Conversion    voting         rights 
 instrument                                Period        rights that 
                                           (xiv)         may be 
                                                         acquired if 
                                                         the 
                                                         instrument 
                                                         is 
                                                         exercised/ 
                                                         converted. 
--------------  ------------------------  ------------  ------------  -------------------------------- 
 Right of 
  recall 
  over 
  securities 
  lending 
  agreements               N/A                 N/A        2,926,168                 2.55% 
--------------  ------------------------  ------------  ------------  -------------------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------ 
 Type of         Exercise     Expiration   Exercise/     Number of     % of voting 
  financial      price        date         Conversion    voting         rights (xix, 
  instrument                  (xvii)       period        rights         xx) 
                                           (xviii)       instrument 
                                                         refers to 
--------------  -----------  -----------  ------------  ------------  -------------------------------- 
                                                                       Nominal           Delta 
--------------  -----------  -----------  ------------  ------------  ---------  --------------------- 
 Equity Swap        N/A       03.07.2017       N/A        5,000,000      N/A             4.36% 
--------------  -----------  -----------  ------------  ------------  ---------  --------------------- 
 Equity Swap        N/A       29.09.2017       N/A            6          N/A            0.00001% 
--------------  -----------  -----------  ------------  ------------  ---------  --------------------- 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 7,926,174                 6.91% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------------- 
 Morgan Stanley & Co. International plc, Legal & Compliance 
  Department, 25 Cabot Square, Canary Wharf, London, E14 
  4QA, UNITED KINGDOM. is a direct holder of 7,926,174 
  voting rights (6.91%) and is a subsidiary of Morgan 
  Stanley Investments (UK) 
 
  Morgan Stanley Investments (UK), 20 Bank Street, Canary 
  Wharf, London, E14 4AD, UNITED KINGDOM. is an indirect 
  holder of 7,926,174 voting rights (6.91%) and is a subsidiary 
  of Morgan Stanley International Limited 
 
  Morgan Stanley International Limited, 25 Cabot Square, 
  Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an 
  indirect holder of 7,926,174 voting rights (6.91%) and 
  is a subsidiary of Morgan Stanley International Holdings 
  Inc. 
 
  Morgan Stanley International Holdings Inc., c/o The 
  Corporation Trust Company (DE), Corporation Trust Center, 
  1209 Orange Street, Wilmington, Delaware, 19801, USA. 
  is an indirect holder of 7,926,174 voting rights (6.91%) 
  and is a subsidiary of Morgan Stanley 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                               N/A 
----------------------------------------------------------  -------------------------------------- 
 11. Number of voting rights proxy                           N/A 
  holder will cease 
  to hold: 
----------------------------------------------------------  -------------------------------------- 
 12. Date on which proxy holder will                         N/A 
  cease to hold 
  voting rights: 
----------------------------------------------------------  -------------------------------------- 
 
                                                             Morgan Stanley's total holding 
  13. Additional information:                                 in Plus500 Ltd remains above 
                                                              the 6.00% threshold previously 
                                                              disclosed, however, this 
                                                              notification is being made 
                                                              on the basis that the holding 
                                                              in sections 8(b)+8(c) has 
                                                              crossed a relevant threshold 
                                                              in their own right at the 
                                                              component level. 
 
                                                              Morgan Stanley's total holding 
                                                              in Plus500 Ltd remains above 
                                                              the 6.00% threshold previously 
                                                              disclosed however, this notification 
                                                              is being made on the basis 
                                                              that Morgan Stanley & Co. 
                                                              International plc, a wholly 
                                                              owned subsidiary of Morgan 
                                                              Stanley, has crossed a relevant 
                                                              component level threshold 
                                                              in its own right. 
----------------------------------------------------------  -------------------------------------- 
 14. Contact name:                                           Wilma Fairholm 
----------------------------------------------------------  -------------------------------------- 
 15. Contact telephone number:                               +44 141 245-7218 
----------------------------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

June 19, 2017 08:57 ET (12:57 GMT)

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