2 January 2025
Plus500 Ltd.
("Plus500" or "the Company")
Grant of Restricted Share Units and Ordinary shares awards
Plus500, a global multi-asset fintech group operating technology-based trading platforms, announces that on 31 December 2024 in line with previous years, it granted Restricted Share Units ("RSUs"), LTIP awards and ordinary shares under the Company's 2025 deferred bonus scheme, to Executive Directors, PDMRs and/or their PCAs and certain employees of the Company and its subsidiaries, in respect of their remuneration packages for the 2025 financial year, as follows:
· 137,143 RSUs over Ordinary Shares to certain PDMRs and/or their PCAs, in respect of their remuneration packages for the 2025 financial year. Each RSU represents an unfunded, unsecured right to receive, on the applicable settlement date, one Ordinary Share (subject to certain performance goals).
· 250,762 RSUs over Ordinary Shares to certain employees of the Company and its subsidiaries, in respect of their remuneration packages for the 2025 financial year. Each RSU represents an unfunded, unsecured right to receive, on the applicable settlement date, one Ordinary Share (subject to certain performance goals).
· LTIP awards in respect of 253,962 Ordinary Shares under the Company's 2025 LTIP awards to Executive Directors and PDMRs and/or their PCAs. On 31 December 2027, the vesting date, the Company will announce the number of Ordinary Shares (out of the Ordinary Shares held in treasury) which have vested. The number of Ordinary Shares to be allotted for the 2025 LTIP awards will be calculated based on a price of 1,467 pence per Ordinary Share as adjusted for shareholder returns.
· 169,308 Ordinary Shares under the Company's 2025 deferred bonus scheme. The number of Ordinary Shares to be allotted for the 2025 deferred bonus scheme will be calculated based on a price of 1,467 pence per Ordinary Share as adjusted for shareholder returns.
· LTIP awards in respect of 12,015 Ordinary Shares under the Company's 2025 LTIP awards to PDMRs and/or their PCAs. On 31 December 2027, the vesting date, the Company will announce the number of Ordinary Shares (out of the Ordinary Shares held in treasury) which have vested. The number of Ordinary Shares to be allotted for the 2025 LTIP awards will be calculated based on a price of 2,497 pence per Ordinary Share as adjusted for shareholder returns.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, provide further details.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
PDMR notifications
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation as it applies in the UK, provides further detail.
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | David Zruia | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | Group CEO/PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of shares in connection with 2025 LTIP Grant of shares in connection with 2025 deferred bonus | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue
| ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Elad Even-Chen Consulting Service Ltd. | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | Person Closely Associated with Elad Even-Chen CFO/PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of shares in connection with 2025 LTIP Grant of shares in connection with 2025 deferred bonus | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Ofir Chudin | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | CEO Plus500CY Ltd./PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of shares in connection with 2025 LTIP | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Mark Winton | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | CEO Plus500UK Ltd. /PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of shares in connection with 2025 LTIP | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Choh Tong Goh | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | CEO Plus500SG PTE. Ltd./PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of shares in connection with 2025 LTIP | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Nir Zatz | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | Chief Marketing Officer/PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of 2025 Restricted Share Units | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Dani Magner | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | Chief Growth Officer /PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of 2025 Restricted Share Units | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Al Yaros | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | Chief Technology Officer /PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of 2025 Restricted Share Units | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Yevgeni Shtuckmeyster | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | Chief Regulation Officer /PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of 2025 Restricted Share Units | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Erez Levy | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | CEO Plus500IL Ltd. /PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of 2025 Restricted Share Units | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Eden Dahan | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | Chief People Officer/PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of 2025 Restricted Share Units | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
| 1 | Details of PDMR / person closely associated with them ("PCA") | |||||||
| (a) | Name | Or Rotem | ||||||
| 2 | Reason for the notification | |||||||
| (a) | Position/status | VP R&D/PDMR | ||||||
| (b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the Issuer | |||||||
| (a) | Name | Plus500 Ltd. | ||||||
| (b) | Legal Entity Identifier code | 549300X8NGW9C50JZU13 | ||||||
| 4 | Details of the transaction(s) [Section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted] | |||||||
| (a) | Description of the financial instrument | Ordinary shares of NIS 0.01 par value ("Shares") | ||||||
| (b) | Identification Code | IL0011284465 | ||||||
| (c) | Nature of the transaction | Grant of 2025 Restricted Share Units | ||||||
| (d) | Currency | ILS | ||||||
| (e) | Price(s) and volume(s) |
| ||||||
| [(f) | Aggregated information
| Price: N/A Volume: N/A | ||||||
| (g) | Date of the transaction | 31 December 2024 | ||||||
| (h) | Place of the transaction | Outside of a trading venue | ||||||
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