Tag: Plus500 Ltd (LON:PLUS)

November 23, 2015 BY Maria Nikolova

Plus500 unveils plans for independent future, announces interim dividend, share buyback

Following the announcement of the termination of the proposed acquisition of Plus500 Ltd (LON:PLUS) by Playtech PLC (LON:PTEC), the CFD and Forex broker unveiled its plans for an independent future. Interim Dividend Under the terms of the proposed acquisition by Playtech the Board agreed not to declare an Interim Dividend for 2015. However, after the termination…

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October 30, 2015 BY LeapRate Staff

Playtech shares soar 10% Thursday after reporting bullish Q3 results

Shares of gaming technology and forex brokerage company Playtech PLC (LON:PTEC) soared more than 10% on Thursday, after the company reported better-than-expected financial results in Q3. A good part of that positive surprise was thanks to Playtech's newly established Financials Division, which consists of the online trading brands it purchased from controlling shareholder Teddy Sagi earlier…

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October 26, 2015 BY Maria Nikolova

JPMorgan takes stake in Plus500 above 7%

Earlier today, CFD broker Plus500 Ltd (LON:PLUS) published information about a transaction in its shares. In a transaction dated October 23, 2015, JPMorgan Chase & Co. (NYSE:JPM) increased its holding in the broker to 7.04%. The investment bank (which is probably acting on behalf of its clients), purchased 427,587 ordinary shares in the broker, thus…

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October 08, 2015 BY LeapRate Staff

Plus500 shareholders now betting that acquisition by Playtech might not go ahead - LeapRate Exclusive

LeapRate Exclusive... A legendary stock market investor of the early 1900s, Jesse Livermore, once said that the market is always right. Well if Livermore was correct, then it appears as if 'the market' is beginning to bet against Playtech's acquisition of Plus500 Ltd (LON:PLUS) actually closing. Since mid July when Plus500 shareholders approved the acquisition of the company by…

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