Re: Atlético Madrid Sponsorship

RNS Number : 1588R

Plus500 Limited

24 June 2015

 



25 June 2015

Plus500 signs as the Main Official Sponsor of Atlético Madrid Football Club

Plus500 Ltd., a leading online service provider for retail customers to trade CFDs internationally, is pleased to announce that it has upgraded its sponsorship agreement with Club Atlético de Madrid, SAD, to be the main sponsor for the 2015/16 and 2016/17 seasons, with both parties actively considering extending the relationship for further seasons.

As part of the agreement, the Plus500 logo will feature as Official Sponsor on the front of the home and away Atlético Madrid shirts for all matches, including the UEFA Champions League. Plus500 will enjoy a range of branding rights at the stadium and beyond as well as a host of other sponsorship benefits.   

Plus500 is a provider of a leading online trading platform for contracts for difference (CFDs), which enables customers to trade on movements in the price of shares, forex, commodities and indices without needing to buy or sell the underlying instrument. In total, customers can trade on more than 2,000 different underlying global financial instruments in over 50 countries. The trading platform, which has been developed by Plus500 and is based on proprietary technology, is accessible from multiple operating systems and has been localised into over 31 languages.

Atlético Madrid is a Spanish professional football club based in Madrid that plays in Liga BBVA, commonly known as 'La Liga', which is the top professional association football division of the Spanish football league system. The club has won ten La Liga titles. Atlético Madrid has won the Copa del Rey on ten occasions along with other Spanish cup competitions. It is also one of the most successful clubs in Europe, including winning the UEFA Super Cup in 2010 and 2012, and coming second in the 2013/14 UEFA Champions League. Atlético Madrid resides at the Vicente Calderón stadium, which has capacity for almost 55,000 spectators, and in the near-future will be moving to a new, state-of-the-art stadium that will have a capacity of around 70,000.     

According to UEFA's league coefficient, La Liga has been the strongest league in Europe over the past five years as well as the top league in Europe for more years combined (16 years) than any other European league. In addition, it is one of the most popular professional sports leagues in the world, with the third-highest average match attendance figures for 2013/14 of any professional association football league and eighth-highest of any domestic professional sports league worldwide.

Gal Haber, Chief Executive Officer of Plus500, said: "We are honoured to extend our partnership with such an illustrious football club as Atlético Madrid for at least 2 more seasons, which has established a strong pedigree for well over 100 years. Atlético Madrid is a natural fit for us as Europe is our largest customer base, and we share with them a passion for striving for success whilst having an ethos of transparency and respect for our customers, fans, partners and employees. In addition, this partnership with one of the most successful clubs in Europe that plays in one of the most popular leagues in the world will help us in furthering our strategy of increasing our brand recognition and expanding our customer base globally."      

Miguel Ángel Gil Marín, Chief Executive Officer of Atlético Madrid, added: "We are delighted to have expanded the partnership agreement with Plus500. This is an exciting period for the club as - like Plus500 - we grow our international footprint. We believe that this partnership with Plus500 will support this progress, and we look forward to sharing our journey with them."   

Enquiries

Plus500
Elad Even-Chen, Finance Director, VP Business Development and Head of Investor Relations	[phone] [e-mail]
Liberum Capital
Clayton Bush/Christopher Britton/Josh Hughes	[phone]
MHP Communications
Reg Hoare/Tim Rowntree/Adam Leviton	[phone]

About Plus500

Plus500 has developed and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,000 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 (Windows, smartphones (iOS, Android and Windows Phone) and tablets (iOS, Android and Surface)) 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.

The Company is listed on AIM, a market operated by the London Stock Exchange plc, under the trading symbol 'PLUS'.

www.plus500.com

 

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