Plus500 executives cash out $91 million in shares
Further to our report from yesterday that Plus500 Ltd (LON:PLUS) CEO David Zruia (pictured above), CFO Elad Even-Chen, and CMO Nir Zats had filed plans to sell a good chunk of their equity in the company, Plus500 has issued an update that the share sale took place, at a slightly discounted price to Monday’s closing price.

Plus500 shares closed Monday at £47.14, and the three executives sold a total of 1.5 million Plus500 shares at £44.78 each, meaning a 5.0% discount to the closing price. Plus500 shares are up a healthy 29% so far in 2026, and recently hit an all-time high of £49.74, before the company released preliminary 2025 results.
The largest share sale was actually completed by the company’s CFO, Elad Even-Chen, who offloaded 940,000 shares for £42.1 million, or USD $57.1 million. CEO David Zruia sold 450,792 shares for $27.4 million, and CMO Nir Zats 109,208 shares for $6.6 million. In total, the three executives netted $91.1 million.
The shares were sold on the secondary market to Goldman Sachs International as principal, with the sale intermediated by Panmure Liberum Limited. The 1.5 million shares sold represent approximately 2.14% of Plus500’s issued share capital.
Plus500 itself is not a party to the transaction and will not receive any proceeds from the transaction.
As part of the transaction, the Selling Shareholders have agreed to a “lock-up”, and have undertaken not to dispose of any further Ordinary Shares in Plus500 for a period of 365 days, subject to waiver by Panmure Liberum.
The shares sold, and resultant current shareholdings of the three Plus500 executives, break down as follows:
| Shares sold | Shareholding after sale | |||
| 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% |
