Business
Proposed sale of Ordinary Shares in Plus500
Plus500 Ltd. announced that its CEO, CFO, and CMO, referred to as the Selling Shareholders, intend to sell 1,500,000 existing ordinary shares, representing approximately 2.14% of the company's issued share capital. These shares will be sold on the secondary market to Goldman Sachs International, with Plus500 not receiving any proceeds from the transaction. The Selling Shareholders state this sale is for personal financial and tax planning purposes, emphasizing their continued commitment to the company's long-term strategy and growth. Following the sale, they will collectively hold approximately 3.89% of the company's issued share capital, and have agreed to a 365-day lock-in period on further share sales. Disclaimer*
About this update from Plus500 Ltd.
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER TO SELL OR ACQUIRE SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN ANY OTHER JURISDICTION.\nTHE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019 (AS FURTHER AMENDED, VARIED OR SUBSTITUTED FROM TIME TO TIME AS A MATTER OF UK LAW). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n\n16 February 2026\nPlus500 Ltd.\n(\"Plus500\" or the \"Company\")\nProposed sale of 1,500,000 Existing Ordinary Shares in Plus500\nDavid Zruia, CEO of Plus500, Elad Even-Chen, CFO of Plus500 and Nir Zats, CMO of Plus500 (together the \"Selling Shareholders\"), announce their intention to sell 1,500,000 existing ordinary shares (the \"Shares\") in the capital of Plus500. The Shares represent approximately 2.14% of the Company's issued share capital (excluding ordinary shares held in treasury).\nThe Shares will be sold on the secondary market to Goldman Sachs International (\"Goldman Sachs\") as principal, with the sale intermediated by Panmure Liberum Limited (\"Panmure Liberum\"). Goldman Sachs may or may not onward sell the Shares. Plus500 is not a party to the transaction and will not receive any proceeds from the transaction.\nThe transaction is being undertaken by the Selling Shareholders for personal financial and tax planning purposes. The Selling Shareholders have not sold any shares in the Company since its IPO 13 years ago and remain highly committed to the Company's long-term strategy, growth trajectory and value creation for shareholders.\nFurther details are set out below:\n\n\n\n\n \n\n\nShares to be sold as part of the transaction\n\n\nResultant 2026 shareholding assuming all Shares are sold[1]\n\n\n\n\nS...