17 September 2020
("Plus500", "the Company" or "the Group")
Plus500, a leading technology platform for trading Contracts for Difference ("CFDs") internationally, announces that Anne Grim has been appointed to the Board as a Non-Executive director with immediate effect, following shareholder approval of her appointment at the Company's AGM yesterday.
Anne has 30 years' experience in the financial services sector, holding senior roles at American Express, Barclays and Wells Fargo, among others. Anne was most recently Chief Customer Officer at Fidelity International. She is also currently a Non-Executive director of Metro Bank plc, Openwork Ltd and Insight Investment.
Commenting on the appointment, Penny Judd, Chairman, said: "I would like to welcome Anne to the Board of Plus500. She is an excellent addition, given her expertise in customer experience, strategic planning and execution, technology innovation and business transformation. We look forward to working with her in the future."
In accordance with Listing Rule 9.6.13, Ms. Grim is currently a Non-Executive director of Metro Bank plc. There are no other matters in respect of Ms. Grim requiring disclosure under Listing Rule 9.6.13.
For further details
Elad Even-Chen, Chief Financial Officer
Rob Gurner, Head of Investor Relations
+972 4 8189503
+44 7825 189088
Reg Hoare, Rachel Mann, Pete Lambie
+44 20 3128 8100
Plus500 operates a proprietary technology platform for individual customers to trade CFDs internationally. The Group offers more than 2,500 different underlying global financial instruments, comprising equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies. Customers of Plus500 can trade CFDs in more than 50 countries and in 32 languages. The trading platform is accessible from multiple operating systems (Windows, iOS, Android and Surface) and web browsers. Plus500 retains operating licences and is regulated in the United Kingdom, Australia, Cyprus, Israel, New Zealand, South Africa, Singapore and the Seychelles.
Customer care is and has always been integral to Plus500, as such, customers cannot be subject to negative balances. A free demo account is available on an unlimited basis for platform users and sophisticated risk management tools are provided free of charge to manage leveraged exposure, and stop losses to help customers protect profits, while limiting capital losses. Plus500 does not utilise cold calling techniques and does not offer binary options. Plus500 shares have a premium listing on the Main Market of the London Stock Exchange (symbol: PLUS) and are a constituent of the FTSE 250 index. www.plus500.com
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