Global multi‐asset fintech group Plus500 Ltd (LON:PLUS) announces that it will today commence a new share buyback programme to purchase a total of up to $60.0 million of the company’s shares.

It is anticipated that the new $60.0 million buyback programme will commence immediately once the existing $70.0 million buyback programme is complete.

The purpose of this Share Buyback Programme is to further highlight the Board’s continued confidence in the future prospects of Plus500.

The maximum number of shares that may be repurchased under the Share Buyback Programme is up to 8,032,980 shares, being the number of shares the company is authorised to purchase pursuant to the authority granted by shareholders at the Company’s Extraordinary General Meeting held on 24 July 2023 less the number of shares that have already been repurchased pursuant to that authority.

Share purchases will take place in open market transactions and may be made from time to time depending on market conditions, share price, trading volume and other factors. Liberum Capital Limited will manage the Share Buyback Programme, which is an irrevocable, non‐discretionary share buyback programme to repurchase the Company’s shares on its behalf, and within certain defined parameters.

The Share Buyback Programme will run from today until the announcement of the company’s preliminary results for the twelve months ending 31 December 2023. Purchases may continue during any closed period to which the company is subject during the above‐mentioned period.