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
|
|
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
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