Due to the delayed completion of the acquisition of Plus500 by Playtech, the company confirms that the planned cancellation of its shares trading on AIM will also happen with a corresponding delay.
Read moreThe investment giant has sold 1,491,359 ordinary shares in the broker, taking its holding down to 7,656,075 shares.
Read moreDue to the high profile nature of the Plus500 acquisition, receipt of regulatory approvals is taking more time than initially anticipated, Playtech admitted.
Read moreTeddy Sagi moved up nine spots from last year, nearly doubling his net worth in a year which he and his companies were very active dealmaking.
Read moreThe broker managed to remain profitable in the first half of 2015 and even saw a strong rise in revenues in the period, in the face of regulatory setbacks that have affected its UK business.
Read moreThe proposed £459.6 million acquisition got the backing of 100% of the votes cast at today's Extraordinary General Meeting of Playtech shareholders.
Read moreLeapRate Exclusive... LeapRate has learned that publicly traded CFD broker Plus500 Ltd (LON:PLUS) has changed over management of its FCA regulated UK subsidiary Plus500UK. Entering as CEO of Plus500UK is Mark Winton, a seasoned FX industry executive who most recently was Head of Compliance at Alpari UK. Winton also worked previously at London Capital Group Holdings…
Read moreThe investment giant sold 604,810 shares in the UK CFD broker, reducing its stake from 8.49% to 7.96%.
Read moreShareholders of Playtech will have their say on the recommended £459.6 million acquisition of Plus500, after the deal got the approval of broker's shareholders earlier this month.
Read morePlus500 announced that the acquisition was today approved at the Special General Meeting of the Plus500 shareholders by an overwhelming majority of 93.4% of the votes cast at the SGM, representing 71.8% of Plus500's total voting power
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