Sale of Shares
Summary by AI BETAClose X
NOT 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.
17 February 2026
Plus500 Ltd.
("Plus500" or the "Company")
Sale of Shares
Further to the announcement made on 16 February 2026, David Zruia, Elad Even-Chen and Nir Zats (together, the "Selling Shareholders") announce the sale of 1,500,000 ordinary shares (the "Shares") in the share capital of Plus500 at a price of £44.78 per Share, which represents approximately 2.14% of Plus500's issued share capital (excluding ordinary shares held in treasury). The shares were sold on the secondary market to Goldman Sachs International as principal, with the sale intermediated by Panmure Liberum Limited ("Panmure Liberum").
Further details are set out below:
|
|
Shares sold as part of the transaction |
Resultant 2026 shareholding following transaction[1] |
||
|
Selling Shareholder |
# of Shares |
% of S/O |
# of Shares |
% of S/O |
|
David Zruia |
450,792 |
0.64% |
1,298,468 |
1.85% |
|
Elad Even-Chen |
940,000 |
1.34% |
1,298,468 |
1.85% |
|
Nir Zats |
109,208 |
0.16% |
131,316 |
0.19% |
|
Total |
1,500,000 |
2.14% |
2,728,252 |
3.89% |
The Selling Shareholders have undertaken not to dispose of any further Ordinary Shares in Plus500 for a period of 365 days following completion of the transaction, subject to waiver by Panmure Liberum ("Lock-in Period").
Plus500 is not a party to the transaction and will not receive any proceeds from the transaction.
For further details:
|
Panmure Liberum Bidhi Bhoma, Dru Danford, David Watkins, Satbir Kler |
+44 20 3100 2000 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
David Zruia |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Chief Executive Officer |
||||
|
b) |
Initial notification/Amendment |
Initial Notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Plus500 Ltd |
||||
|
b) |
LEI |
549300X8NGW9C5OJZU13 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of NIS 0.01 par value ("Ordinary Shares") |
||||
|
Identification code |
IL0011284465 |
|||||
|
b) |
Nature of the transaction |
Sale of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
450,792 £44.78 |
||||
|
e) |
Date of the transaction |
17 February 2026 |
||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Elad Even-Chen |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial notification/Amendment |
Initial Notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Plus500 Ltd |
||||
|
b) |
LEI |
549300X8NGW9C5OJZU13 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of NIS 0.01 par value ("Ordinary Shares") |
||||
|
Identification code |
IL0011284465 |
|||||
|
b) |
Nature of the transaction |
Sale of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
940,000 £44.78 |
||||
|
e) |
Date of the transaction |
17 February 2026 |
||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Nir Zats |
||||
|
2. |
Reason for the Notification |
|||||
|
a) |
Position/status |
Chief Marketing Officer |
||||
|
b) |
Initial notification/Amendment |
Initial Notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Plus500 Ltd |
||||
|
b) |
LEI |
549300X8NGW9C5OJZU13 |
||||
|
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of NIS 0.01 par value ("Ordinary Shares") |
||||
|
Identification code |
IL0011284465 |
|||||
|
b) |
Nature of the transaction |
Sale of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information: · Aggregated volume · Price |
109,208 £44.78 |
||||
|
e) |
Date of the transaction |
17 February 2026 |
||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||
[1] The total resultant shareholding assuming all 1,500,000 Shares are sold is 2,728,252. This comprises 1,450,001 ordinary shares held as at the date of this announcement and 1,278,251 ordinary shares expected to vest during 2026 subject to performance conditions.
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