TIDMPLUS

RNS Number : 7364Q

Plus500 Limited

01 December 2016

01 December 2016

Plus500 Ltd.

("Plus500" or "the Company")

CySEC Update

Plus500, a leading online service provider for retail customers to trade CFDs internationally, notes the movement in its share price and market speculation following the publication on 30 November 2016 by the Cyprus Securities and Exchange Commission ("CySEC") of a series of questions and answers in a circular relevant to the CFD industry in which the Company operates.

The Company does not believe that the topics covered in the circular will have a material operational or financial impact on the Company.

Enquiries

 
 Plus500 
--------------------------------------------------- 
 Elad Even-Chen, Chief Financial     +972 4 8189503 
  Officer                            ir@Plus500.com 
---------------------------------  ---------------- 
 Liberum - Nomad and Broker 
--------------------------------------------------- 
 Clayton Bush, Neil Elliot,             +44 20 3100 
  Josh Hughes                                  2222 
---------------------------------  ---------------- 
 Berenberg (Joint Broker) 
--------------------------------------------------- 
 Chris Bowman, Amritha Murali,          +44 20 3207 
  Marie Stolberg                               7800 
---------------------------------  ---------------- 
 MHP Communications 
--------------------------------------------------- 
 Reg Hoare, Tim Rowntree, Kelsey        +44 20 3128 
  Traynor                                      8100 
---------------------------------  ----------------

About Plus500

Plus500 has developed and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,250 different underlying global financial instruments comprising equities, ETFs, foreign exchange, indices, commodities and options. The Company enables retail customers to trade CFDs in more than 50 countries. The trading platform is accessible from multiple operating systems (Windows, smartphones (iOS, Android and Windows Phone) and tablets (iOS, Android and Surface)) and the internet. 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.

www.plus500.com

This information is provided by RNS

The company news service from the London Stock Exchange

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December 01, 2016 09:33 ET (14:33 GMT)