For immediate release |
12 May 2014 |
Plus500 Ltd.
("Plus500" or "the Company")
Resignation of Non-Executive Director
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces that Henry Birch, a non-executive director of the Company, has been appointed as Chief Executive Officer of the Rank Group Plc. In order to fully focus on his business commitment, Henry had to resign from the Board with immediate effect.
The Company will seek to replace Mr Birch and will make a further announcement in due course.
For further details:
Plus500 Ltd Elad Even-Chen VP Business Development and Head of Investor Relations [email protected] |
Tel: +972-4-8189503 |
Liberum - Nomad and Broker Chris Bowman / Thomas Bective www.liberum.com |
Tel: 020 3100 2222 |
Buchanan Jeremy Garcia / Sophie McNulty / Clare Akhurst www.buchanan.uk.com |
Tel: 020 7466 5000 |
About Plus500
Company website: www.plus500.com
Plus500 has developed and operates an online trading platform for retail customers to trade CFDs internationally over more than 1,900 different underlying global financial instruments comprising equities, ETFs, foreign exchange, indices and commodities. The Company enables retail customers to trade CFDs in more than 50 countries. The trading platform is accessible from multiple operating systems (Window, smartphones (iOS and Android) and tablets (iOS and Android)) and the internet. The Directors believe that the success of the Company to date has been primarily due to the proprietary technology it has developed and continues to develop to support the trading platform. The trading platform has been designed to be as intuitive and easy to use as possible. The trading platform has been localised into over 31 languages. The Directors believe that this emphasis on technology, together with the Company's targeted online marketing strategy, has helped to differentiate the Company from its competitors.
