Retail Forex and CFD broker Plus500 Ltd (LON:PLUS) today declared an interim dividend in respect of the six-month period to June 2015 of $0.2121 per share, giving a total of $24.37 million. The announcement is in tune with an earlier statement from the company, following the cancellation of the planned acquisition of the broker by Playtech PLC…
Read moreRetail forex and CFD broker Plus500 Ltd (LON:PLUS) has issued a statement that it has decided to resume the onboarding new customers to its UK-based, FCA-regulated unit Plus500UK. It will begin taking clients into Plus500UK beginning next month. Plus500 halted taking new clients into its UK unit back in May, as part of an ongoing investigation into…
Read moreRetail Forex and CFD broker Plus500 Ltd (LON:PLUS) earlier today published a report about a transaction in its shares. The broker was notified on December 7, 2015, that JPMorgan Chase & Co. (NYSE:JPM) increased its stake in Plus500 to 10.03%. The investment bank, which is most likely acting on behalf of its clients, bought 3,699,658…
Read moreThe holy grail of many startup companies, tech and otherwise, is the IPO. An IPO, or initial public offering of company stock, has numerous advantages for startups and is done for a variety of reasons including: formally establishing a public valuation for a company, gives early stage shareholders and employees the chance to cash in…
Read morePlus500 shares are up more than 45% since the deal was called off.
Read moreRetail Forex and CFD broker Plus500 Ltd (LON:PLUS) today published information about a transaction in its shares. The regulatory filing dated November 26, 2015, states that JPMorgan Chase & Co. (NYSE:JPM) cut its stake in the broker to 6.81%. The investment bank (which is most likely acting on behalf of its clients), sold 259,355 ordinary…
Read moreWell it has taken a few days, but it looks like stock market investors are once again getting behind an independent Plus500 Ltd (LON:PLUS). We had reported soon after details emerged of Playtech cancelling its acquisition of Plus500, that shares of both companies were taking it on the chin. Playtech traded down more than 10%, as…
Read moreForex and CFD broker Plus500 Ltd (LON:PLUS) has just reported one more transaction in its shares. On Tuesday, November 24, 2015, Mr. Charles Fairbairn, a non-executive director of Plus500, purchased 69,747 ordinary shares of NIS 0.01 each in the broker at a price of 349.3 pence per share. In addition, his wife - Susan Fairbairn,…
Read moreForex and CFD broker Plus500 Ltd (LON:PLUS) has just reported of a transaction in its shares. According to the regulatory filing, on November 24, 2015, Mr. Daniel King, a non-executive director of the broker, purchased 13,259 ordinary shares of NIS 0.01 each in the company at a price of 339.38 pence per share. Following the…
Read moreFollowing an announcement from this morning about the termination of the proposed acquisition of Plus500 Ltd (LON:PLUS) by Playtech PLC (LON:PTEC) due to regulatory issues, shares in both companies opened way below Friday close levels. At London market open today, one share in Plus500 traded per 280p, much lower than the 400p per share that Playtech…
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