Plus500 issues stock grant of 116,045 RSUs to senior executives
The RSU scheme shares are registered through a Trustee and are allotted on the date of the award agreement.
The RSU scheme shares are registered through a Trustee and are allotted on the date of the award agreement.
Ms Grim, who joined Plus500’s Board in September, is now appointed to the Audit, Remuneration and ESG Committees.
We find Monday’s price dip somewhat ironic, as Monday itself will probably turn out to be one of Plus500’s best days ever.
Plus500 brought in $216.4 million of Revenue in Q3 – down 12.6% from Q2, but still very strong and almost double last year’s $110 million.
Plus500 welcomes the changes proposed by ASIC, which the Board believes will enhance the CFD trading landscape.
BlackRock picked up an approximate 7% stake in Plus500 back in mid 2018, and has since remained at above a 5% holding in the company.
Anne Grim was most recently Chief Customer Officer at Fidelity International. She is also currently a director of Metro Bank plc.
With the exception of the re-election of Plus500 board chair Penelope Judd and director Steven Baldwin, all resolutions passed at least 94%.
Shareholder advisory services have recommended that investors vote against a planned $1.2 million bonus to Plus500 CFO Elad Even-Chen.
Plus500 announced a planned $67.3 million share buyback concurrent with reporting record first half results in early August.