Trading Update

RNS Number : 5143T
Plus500 Limited
20 November 2013
 



For immediate release

20 November2013

Plus500 Ltd.

("Plus500" or "the Company")

 

Trading update for year ending 31 December 2013

 

Current trading significantly ahead of market expectations

 

Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces that following the announcement made on 17 October trading has remained strong and has already exceeded market expectations for the 12 months ended 31 December 2013.

 

The Company now anticipates that revenues for the year ending 31 December 2013 will be significantly ahead of market expectations.

 

Plus500 continues to see active customer growth accelerating whilst customer acquisition costs remain stable.  This continued strong performance, coupled with favourable market conditions, highlights Plus500's growing market position and the increasing effectiveness of the Company's marketing efforts. 

 

The Company's strategy of listing on the London market to increase brand awareness has contributed to this success.

 

Company website: www.plus500.com

 

For further details:

 

Plus500 Ltd

Elad Even-Chen, Head of Investor Relations 

ir@Plus500.com

 

Tel: +972-4-8189503

Liberum Capital - Nomad and Broker

Chris Bowman / Christopher Britton / Thomas Bective

www.liberumcapital.com

 

Tel: 020 3100 2000

Buchanan

Jeremy Garcia / Sophie McNulty / Clare Akhurst

www.buchanan.uk.com

 

Tel: 020 7466 5000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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