16 January
2025
Plus500 Ltd.
("Plus500", the "Company" or,
together with its subsidiaries, the "Group")
Inclusion in the STOXX Europe
600 Index
Plus500, a
global multi-asset fintech group operating proprietary
technology-based trading platforms, is pleased to announce that it
has joined the STOXX Europe 600 Index (SXXP) effective as of the
start of trading on Friday 17 January, 2025.
Plus500's inclusion in this widely
followed, European-wide index is another testament to the
strategic, operational and financial progress that the Group has
made in recent years, notably with its ongoing expansion into new
markets, launch of new products and successful deepening of
engagement with customers.
Since its IPO on the London Stock
Exchange in 2013, Plus500 has distributed approximately $2.3bn in
shareholder returns, positioning it as the best performing company
on the FTSE All-Share Index on a total return basis to the end of
December, 2024. It maintains an extremely robust financial
position, including a debt-free balance sheet with cash and cash
equivalents amounting to c.$900m as of 31 December,
2024.
David Zruia, CEO of Plus500, commented:
"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."
For further details:
Plus500 Ltd.
|
|
Elad Even-Chen, Chief
Financial Officer
Owen Jones, Head of Investor
Relations
|
+972 4 8189503
+44 (0) 7551 654208
ir@Plus500.com
|
DGA
Group
|
|
James
Melville-Ross
James Styles
Methuselah
Tanyanyiwa
|
+44 (0)20 7664 5095
Plus500@dgagroup.com
|
About Plus500
Plus500 is a global multi-asset fintech group
operating proprietary technology-based trading platforms. Plus500
offers customers a range of trading products, including OTC
("Over-the-Counter" products, namely Contracts for Difference
(CFDs)), share dealing, as well as futures and options on
futures.
The Group retains operating licences and is regulated
in the United Kingdom, Australia, Cyprus, Israel, New Zealand,
South Africa, Singapore, the Seychelles, the United States,
Estonia, Japan, the UAE and the Bahamas and through its OTC product
portfolio, offers more than 2,500 different underlying global
financial instruments, comprising equities, indices, commodities,
options, ETFs, foreign exchange and cryptocurrencies. Customers of
the Group can trade its OTC products in more than 60 countries and
in 30 languages.
Plus500's trading platforms are accessible from
multiple operating systems (iOS, Android and Windows) and web
browsers. Customer care is, and has always been, integral to
Plus500. As such, OTC customers cannot be subject to negative
balances. A free demo account is available on an unlimited basis
for OTC trading platform users and sophisticated risk management
tools are provided free of charge to manage leveraged exposure, and
stop losses to help customers protect profits, while limiting
capital losses.
Plus500 was admitted to trading on the London Stock
Exchange (LON: PLUS) on 24 July 2013. It was admitted to the Equity
Shares in Commercial Companies" ("ESCC") Category of the Official
List and is a constituent of the FTSE 250 Index. Website:
www.plus500.com.
Forward looking statements
This announcement contains statements that are or may
be forward-looking statements. All statements other than statements
of historical facts included in this announcement may be
forward-looking statements, including statements that relate to the
Group's future prospects, developments and strategies. The Company
does not accept any responsibility for the accuracy or completeness
of any information reported by the press or other media, nor the
fairness or appropriateness of any forecasts, views or opinions
express by the press or other media regarding the Group. The
Company makes no representation as to the appropriateness,
accuracy, completeness or reliability of any such information or
publication.
Forward-looking statements are identified by their
use of terms and phrases such as "believe", "targets", "expects",
"aim", "anticipate", "project", "would", "could", "envisage",
"estimate", "intend", "may", "plan", "will" or the negative of
those, variations or comparable expressions, including references
to assumptions. The forward-looking statements in this announcement
are based on current expectations and are subject to known and
unknown risks and uncertainties that could cause actual results,
performance and achievements to differ materially from any results,
performance or achievements expressed or implied by such
forward-looking statements. Factors that may cause actual results
to differ materially from those expressed or implied by such
forward looking statements include, but are not limited to, those
described in the Risk Management Framework section of the Company's
most recent Annual Report. These forward- looking statements are
based on numerous assumptions regarding the present and future
business strategies of the Group and the environment in which it is
and will operate in the future. All subsequent oral or written
forward-looking statements attributed to the Company or any persons
acting on its behalf are expressly qualified in their entirety by
the cautionary statement above. Each forward-looking statement
speaks only as of the date of this announcement. Except as required
by law, regulatory requirement, the Listing Rules and the
Disclosure Guidance and Transparency Rules, neither the Company nor
any other party intends to update or revise these forward-looking
statements, whether as a result of new information, future events
or otherwise.