Plus500 Ltd - London-based financial technology and online trading company - Says it will join the Stoxx Europe 600 index on Friday. The company says it is ‘another testament to the strategic, operational and financial progress that the group has made in recent years’.
Chief Executive Officer David Zruia said: ‘Plus500’s inclusion in the Stoxx Europe 600 index for the first time is a significant milestone for the group and serves as an important recognition for the compounding value creation we have delivered in recent years. With the group’s robust fundamentals, disciplined approach to capital allocation and strong cash generation, we look forward to continuing to execute against our strategic roadmap objectives and to delivering attractive and sustainable returns for our shareholders.’
Current stock price: 2,824.16 pence each, up 2.9% on Thursday afternoon in London
12-month change: up 56%
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