Plus500 Limited Result of AGM (1936U)

TIDMPLUS

RNS Number : 1936U

Plus500 Limited

10 July 2018

10 July 2018

Plus500 Ltd.

("Plus500" or "the Company")

Result of AGM

Plus500, a leading online service provider for trading CFDs internationally, is pleased to announce that at the Annual General Meeting ("AGM") of the Company held today 10 July 2018, all resolutions were duly passed by shareholders by means of a poll vote.

For information, the votes cast were as follows:

 
   Resolutions         For       % Votes    Against     % Votes      Total       Vote Withheld 
                                   cast                   cast        Votes 
                                                                   Cast (excl. 
                                                                      Votes 
                                                                    Withheld) 
 1. Re-Elect 
  Penelope Judd     74,137,688    99.41       438,521    0.59       74,576,209               0 
                   -----------  --------  -----------  --------  -------------  -------------- 
 2. Re-Elect 
  Gal Haber         71,600,786    96.01     2,975,423    3.99       74,576,209               0 
                   -----------  --------  -----------  --------  -------------  -------------- 
 3. Re-Elect 
  Asaf Elimelech    73,356,401    98.36     1,219,808    1.64       74,576,209               0 
                   -----------  --------  -----------  --------  -------------  -------------- 
 4. Re-Elect 
  Elad Even-Chen    72,135,465    96.73     2,440,744    3.27       74,576,209               0 
                   -----------  --------  -----------  --------  -------------  -------------- 
 5. Re-Elect 
  Steven Baldwin    72,924,009    98.44     1,159,155    1.56       74,083,164         493,045 
                   -----------  --------  -----------  --------  -------------  -------------- 
 6. Reappoint 
  the auditors      51,386,271    73.33    18,689,221    26.67      70,075,492       4,500,717 
                   -----------  --------  -----------  --------  -------------  -------------- 
 7. Disapply 
  pre-emption 
  rights            74,572,970    99.99           184    0.01       74,573,154           3,055 
                   -----------  --------  -----------  --------  -------------  -------------- 
 8. Purchase 
  own shares        56,459,585    76.19    17,646,358    23.81      74,105,943         470,099 
                   -----------  --------  -----------  --------  -------------  -------------- 
 

The Board of Plus500 notes that there have been a number of votes cast against Resolution 6 and 8, as above. The Board takes these votes seriously, will consider shareholder feedback thereon and reiterates its commitment to maintaining the highest governance standards.

At 10 July 2018, the issued share capital of the Company was 114,888,377 Ordinary Shares of NIS 0.01 each (including 980,146 Ordinary Shares held by the Company as treasury shares).

In accordance with Listing Rule 9.6.2, copies of the resolutions 7 and 8 will be submitted to the National Storage Mechanism and will be available for viewing at www.morningstar.co.uk/uk/nsm

The proxy figures for the resolutions will also displayed on the Company's website - www.plus500.com

For further details:

Plus500 Ltd

Elad Even-Chen, Chief Financial Officer

[e-mail]

Tel: [phone]

Liberum - joint broker

Clayton Bush, Neil Elliot, Josh Hughes, William Hall

Tel: [phone]

Berenberg - joint broker

Chris Bowman, Mark Whitmore

Tel: [phone]

MHP Communications

Reg Hoare, Tim Rowntree, Kelsey Traynor, Pete Lambie

[e-mail]

Tel: [phone]

About Plus500

Plus500 operates an online trading platform for individual customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, ETFs, cryptocurrencies and foreign exchange. Individual customers of Plus500 can trade CFDs in more than 50 countries and in 32 languages. The trading platform is also 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 and Singapore. Customer care is integral to Plus500: customers cannot be subject to negative balances and there are no commissions on trades. 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 your leveraged exposure and stop losses to help customers protect profits and limit capital losses.

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 [e-mail] or visit www.rns.com.

END

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July 10, 2018 08:39 ET (12:39 GMT)