RNS Number : 6429C
Plus500 Limited
18 June 2019
 

18 June 2019

 

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 18 June 2019, all resolutions were duly passed by shareholders by means of a poll vote.

 

For information, the votes cast were as follows:

Resolutions

For

% Votes cast

Against

% Votes cast

Total Votes Cast (excl. Votes Withheld)

Vote Withheld

1.  Re-Elect Penelope Judd

67,196,655

86.03%

10,915,296

13.97%

78,111,951

104,610

2.  Re-Elect Gal Haber

73,553,620

94.04%

4,662,664

5.96%

78,216,284

277

3.  Re-Elect Asaf Elimelech

77,487,351

99.07%

728,933

0.93%

78,216,284

277

4.  Re-Elect Elad Even-Chen

76,385,275

97.66%

1,831,009

2.34%

78,216,284

277

5.  Re-Elect Steven Baldwin

62,346,650

79.71%

15,869,634

20.29%

78,216,284

277

6. Re-Elect Charles Fairbairn

68,254,103

87.26%

9,962,181

12.74%

78,216,284

277

7. Re-Elect Daniel King

70,042,381

90.20%

7,614,127

9.80%

77,656,508

560,053

8.  Reappoint the auditors

71,648,273

91.61%

6,564,213

8.39%

78,212,486

4,075

9. Authorise Board to fix remuneration of auditors

77,183,341

98.68%

1,032,943

1.32%

78,216,284

277

10. Authorise Issue of Equity

78,173,615

99.95%

42,669

0.05%

78,216,284

277

11. Authorise Issue of Equity without Pre-emptive Rights

76,682,231

98.04%

1,534,053

1.96%

78,216,284

277

12. Purchase own shares

77,990,092

100.00%

2,620

0.00%

77,992,712

223,849

 

Votes withheld are not a vote in law and have not been counted in the calculation of the votes for and against the resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted. 

 

In accordance with Listing Rule 9.6.2, copies of the resolutions that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism and will be available for viewing at www.morningstar.co.uk/uk/nsm

 

The Board of Plus500 notes that there have been a number of votes (20%) cast against Resolution 5. The Company understands that the size of the vote against resolution 5 is due in part to the desire of certain shareholders to see greater diversity on the Board, particularly around female representation; the Board

believes this would be a positive development.  With this in mind, while ensuring that future Board members are selected primarily on ability and the balance of skills required, the Company's nomination committee will seek to increase the female representation, where possible, with any future appointments to the Board.

 

At 18 June 2019, the issued share capital of the Company was 114,888,377 Ordinary Shares of NIS 0.01 each (including 1,598,609 Ordinary Shares held by the Company as treasury shares).

 

The Notice of EGM and the voting results are also available on the Plus500 Ltd. website at www.plus500.com 

 

 

 

 

For further details:

 

Plus500 Ltd

Elad Even-Chen, Chief Financial Officer

Kieran Mckinney, Investor Relations

 

Tel: +972-4 8189503

ir@Plus500.com

 

MHP Communications

Reg Hoare, Kelsey Traynor, Pete Lambie

 

 

Tel: 020 3128 8100 plus500@mhpc.com

 

 

About Plus500

 

Plus500 operates an online trading platform for individual customers to trade CFDs internationally. This offers 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. Plus500 is listed on the main market of the London Stock Exchange, under the symbol PLUS. www.plus500.com

 


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 rns@lseg.com or visit www.rns.com.
 
END
 
 
RAGLLFLLRVITLIA