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Plus500 Ltd (PLUSP.L)

PLUSP.L on London Stock Exchange

945.00GBp
12:08pm EDT
Change (% chg)

-9.50 (-1.00%)
Prev Close
954.50
Open
956.50
Day's High
961.50
Day's Low
933.50
Volume
420,035
Avg. Vol
822,724
52-wk High
969.50
52-wk Low
311.00

Latest Key Developments (Source: Significant Developments)

‍PLUS500 anticipates FY 17 revenues and profits ahead of market expectations​
Wednesday, 27 Sep 2017 02:00am EDT 

Sept 27 (Reuters) - PLUS500 LTD ::TRADING UPDATE.‍ANTICIPATES THAT REVENUES AND PROFITS FOR YEAR ENDING 31 DECEMBER 2017 WILL BE AHEAD OF MARKET EXPECTATIONS​.‍FURTHER DETAILS WILL BE ANNOUNCED IN COMPANY'S SCHEDULED Q3 TRADING UPDATE WHICH WILL BE ISSUED ON 31 OCTOBER 2017​.  Full Article

Plus500 ‍says ‍group is on track to exceed prior market expectations for 2017​
Monday, 7 Aug 2017 02:00am EDT 

Aug 7 (Reuters) - Plus500 Ltd ::‍HY REVENUES $188.4M VERSUS $158.8M YEAR AGO ​.HY ‍NET PROFIT $90.7M VERSUS $44.5M YEAR AGO ​.‍HY NEW CUSTOMERS 7 - SIGNIFICANT GROWTH OF 43% TO 31,671 IN Q2 2017 (Q1 2017: 22,210)​.H1 ACTIVE CUSTOMERS INCREASED 8% TO 112,317 (H1 2016: 104,119).‍CURRENT TRADING IN Q3 TO DATE HAS CONTINUED TO BE STRONG​.‍GROUP IS CURRENTLY ON TRACK TO SIGNIFICANTLY EXCEED PRIOR MARKET EXPECTATIONS FOR 2017​.‍RESOLVED TO PAY 50% AS A CASH PAYMENT ($27.21 MILLION OR $0.2387 PER SHARE) AND 50% ($27.21 MILLION) BEING USED TO BUY BACK COMPANY'S SHARES​.ANNOUNCE AN ADDITIONAL SHARE BUY BACK PROGRAMME TO PURCHASE UP TO $27.21 MILLION OF COMPANY'S SHARES.  Full Article

Plus500 sees FY profits, revenue, ahead of market expectations
Monday, 3 Jul 2017 02:05am EDT 

July 3 (Reuters) - Plus500 Ltd :Business has continued to trade very strongly.Company now anticipates that revenues and profits for year ending 31 December 2017 will be significantly ahead of current market expectations.In a strong position for remainder of year.Confident our flexible business model will enable us to adapt to upcoming regulatory changes and gives us a competitive advantage.  Full Article

Plus500 says current trading revenue stronger than Q1
Friday, 2 Jun 2017 02:00am EDT 

June 2 (Reuters) - Plus500 Ltd ::We are pleased to report that compared to Q1, subsequent trading revenue has been stronger and profit margins have been maintained..Plus500's current trading has continued positive trends outlined in q1 trading update issued on 26 April 2017.None of regulatory changes announced in various jurisdictions in which company operates has had a material impact on trading performance.Plus500 ltd - ‍compared to q1, in subsequent trading revenue has been stronger and profit margins have been maintained​.Company's current net cash balances stood at approximately $191 million as at 31 may 2017.Plus500 - none of regulatory changes announced in various jurisdictions in which company operates has had a material impact on trading performance.Continue to monitor trends closely, and are awaiting outcome of fca consultation which could affect second half of 2017.  Full Article

Plus500 board approves share buyback programme of up to $10 mln
Friday, 2 Jun 2017 02:00am EDT 

June 2 (Reuters) - Plus500 Ltd ::Plus500's board has approved a programme to buy back up to $10 million of company's shares.  Full Article

Plus500 responds on German regulator's review of CFD market
Tuesday, 9 May 2017 07:47am EDT 

May 9 (Reuters) - Plus500 Ltd ::BaFin conclusion of consultation.Reiterates that co has always provided balance protection to its customers across all its product offerings in all its markets.Also notes that BaFin has not implemented any leverage limits. Therefore these changes will have no effect on its business.Will continue to implement necessary adjustments to its business model when required by regulatory changes.Reaffirms that co does not have any regulatory restrictions in any of its regulated markets.  Full Article

Plus500 names Penelope Judd as chairman from June 1
Wednesday, 26 Apr 2017 02:00am EDT 

April 26 (Reuters) - Plus500 Ltd ::New chairman and new non-executive director appointed.Penelope Judd, currently a non-executive director of company, will become chairman of its board of directors.This change will take effect from company's AGM to be held on 1 June 2017..Appointment of Steve Baldwin as a non-executive director of company with effect from 1 June 2017.  Full Article

Plus500 reaches settlement agreement with belgium financial services and markets authority
Tuesday, 25 Apr 2017 02:00am EDT 

April 25 (Reuters) - Plus500 Ltd ::Has reached a settlement agreement with belgium financial services and markets authority for amount of EUR 550.000.Settlement was reached in context of public offering of investment instruments, including cfds as offered by company, in belgium..Settlement does not amount to an admission of guilt or non-compliance by plus500. Despite.Felt a settlement agreement was appropriate to respect authority of fsma and to reach a swift and final clearance of jurisdictional process..Reaffirms that it does not have any regulatory restrictions in any of group's regulated markets..  Full Article

Plus500 says full year revenues up 19 pct
Tuesday, 7 Feb 2017 02:12am EST 

Plus500 Ltd : Fy revenues at $327.9m, up 19% .Fy net profit $117.2m, up 21%.  Full Article

Plus500 renews deal with Atlético Madrid football club
Monday, 9 Jan 2017 02:00am EST 

Plus500 Ltd :Renews its partnership with Atlético Madrid football club as official main sponsor of club for next season (2017/18).  Full Article

UPDATE 1-Spreadbetting firm Plus500 sees FY profit ahead of market expectations

Sept 27 Spreadbetting firm Plus500 Ltd said on Wednesday that full-year revenue and profits would be ahead of market expectations, pushing its shares up 8 percent.