About Plus500™
Plus500 is a leading provider of Contracts for Difference (CFD’s), delivering trading facilities on shares, forex, commodities and indices, alongside innovative trading technology.

Online Site......
http://www.plus500.co.uk/Help/AboutUs.aspx

Last RNS trading update.

Wednesday 20 November, 2013Plus500 Ltd
Trading Update

RNS Number : 5143T
Plus500 Limited
20 November 2013

For immediate release
20 November2013

Plus500 Ltd.

("Plus500" or "the Company")

Trading update for year ending 31 December 2013

Current trading significantly ahead of market expectations

Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces that following the announcement made on 17 October trading has remained strong and has already exceeded market expectations for the 12 months ended 31 December 2013.



The Company now anticipates that revenues for the year ending 31 December 2013 will be significantly ahead of market expectations.



Plus500 continues to see active customer growth accelerating whilst customer acquisition costs remain stable. This continued strong performance, coupled with favourable market conditions, highlights Plus500's growing market position and the increasing effectiveness of the Company's marketing efforts.



The Company's strategy of listing on the London market to increase brand awareness has contributed to this success.

Company website: www.plus500.com

For further details:

Plus500 Ltd

Elad Even-Chen, Head of Investor Relations

ir@Plus500.com


Tel: +972-4-8189503

Liberum Capital - Nomad and Broker

;

I G can make it, so why can't plus , still holding Target raised today int to 900
s/p 725 + 70 O T D on the day 780 aug 2016. BB target £ 8

still holding, a takeover for plus is = coming? holders from the netherlands increase, as with others broker target £9=60 low P/E of 8 next results should
show 50% increase in profits. BB

further licenses , to be granted before XMAS BB s/p @ 862 18/9/17

StockMarketWire.com
Plus500 said its business continues to trade strongly and that it anticipates that full-year revenues and profits will be ahead of market expectations.

money AM fault not recording a 100k buy 893 time 8...38 am 28 sept i just hope that money am will see , & rectify, or lose revenue, will hold plus to £10 then review.

Looking good for £20+. Amazing upside and Fantastic update. Phenomenal figures!

recent R N S just a reinstatement, why the huge rise, must be a china licence
or other. will hold if i sell, license,then unable to get back onboard, trying to be clever ? BB

Liberum note on 3rd Jan:
"We continue to value Plus500 at 10x CY18 EPS. Our new TP of 1,232p (previous: 1,069p) offers potential upside of 21% and an ETR of 28%. We believe our methodology reflects appropriate caution ahead of the implementation of the proposed ESMA leverage limits during the current year, the impact of which remains difficult to accurately predict."

Berenberg note:
"Customer numbers growing strongly: After re-engineering its marketing spend at the end of 2016, throughout the first nine months of 2017 Plus has been able to attract higher-value clients and do so at a lower cost. The only customer number figure released today is the annual number of new customers who have joined – at 246,000 it is 136% higher than the 2016 level and materially higher than the 96,373 ytd number reported at Q3. This suggests that Plus added c150,000 new customers in Q4 alone, in part likely due to the rapid growth in interest in the crypto-currency market.
Better than expected revenue generation: This level of growth in new customers, combined with the information available at the present time, makes it quite hard to analyse the component moving parts, but we believe revenue outturn at around $425m for 2017 looks reasonable, c10% above our previous estimate of $386m. Thereafter, revenue growth will be affected by the sustainability of crypto-currency interest, the extent to which the ARPU of a crypto-currency investor differs from a non-crypto investor, in our view, and the impact of future regulation.
Outlook: With the company trading so strongly in 2017, attention now turns to the rest of 2018 and regulation. ESMA updated the market on its views at the end of December, with the key conclusion being that the regulator will focus on limiting the amount of leverage that can be used with contracts for difference (CFDs) – to between 1:5 and 1:30, depending on the volatility of the underlying asset – along with areas such as margin close-out rules, negative balance protection and restrictions on marketing. We understand that there will be a short consultation period with the final implementation likely due by June 2018 at the earliest, and that all the CFD companies are now assessing the magnitude of the impact and the changes in competitor and customer behaviour that it is likely to imply. We would also pay attention to the potential for any regulatory changes affecting the crypto-currency markets and the leveraged trading of CFDs within that."

will review, @ £ 20 long term holder maths are good. BB

StockMarketWire.com
Plus500 said its business continues to trade strongly and materially increased expectations for its financial performance for the year to 31 December 2018.

As announced in the company's preliminary results on 14 February and the trading update on 1 May, Plus500 had a strong start to the financial year; mainly due to a period of relative volatility in the markets and high levels of trading in the company's cryptocurrency CFDs offering.

The Bbard believes these factors encouraged high levels of new customer sign-ups and therefore record trading in Q1 2018.

While market conditions have returned to more normal levels in Q2 2018, trading has nevertheless been materially ahead of management expectations.

As previously announced in the 1 May 2018 trading update, the full impact of the ESMA measures, which are now confirmed to take effect from 1 August 2018, are difficult to assess.

Similarly, the Group's performance could also be impacted by the rate at which customers request to be reclassified, and are accepted, as elective professional clients.

The board will assess the impact of the ESMA measures on current and future years' performance once the ESMA measures are fully operational and will make further announcements as appropriate.

CEO Asaf Elimelech commented: "We are pleased with the continued strong financial performance made despite market conditions returning to more normal levels during this period.

"We remain confident about the future prospects for the company."

Sale of c.9.4 million Existing Ordinary Shares in Plus500
Plus500, a leading online trading platform provider for retail customers to trade CFDs internationally, announces that the founders of the Company, Alon Gonen1, Gal Haber2, Elad Ben-Izhak3, Omer Elazari and Shlomi Weizmann (the "Founders") have notified Plus500 that, in response to significant demand from a small number of institutional investors, they intend to sell today c. 9.4 million existing ordinary shares (the "Sale Shares") in the capital of the Company at a price of £15.50 per Sale Share. The Sale Shares represent c. 8% of the Company's issued share capital and is expected to raise gross proceeds of c. £145 million for the Founders.

Any Sale Shares will be sold through Liberum Capital Limited ("Liberum") to a limited number of investors. Plus500 is not a party to the transaction and will not receive any proceeds from the sale of the Sale Shares.

After completion of the transaction, the Founders will continue to hold in aggregate approximately 8% of the issued share capital of the Company. The Founders intention to sell reflects their desire to diversify their investments whilst raising funds for personal reasons.

The Founders have agreed not to sell any further ordinary shares they hold in the capital of the Company for a period of 90 days after completion of the transaction, subject to waiver by Liberum at its sole discretion.

StockMarketWire.com
Broking house Plus500 said it expected to trading in 2018 to be ahead of expectations, despite revenue falling in the third quarter.

Revenue for the three months through September fell 14% to $100.1m, the company said.

However, for the nine months through September, revenue rose 86% to $565.6m.

The third quarter included two months of trading after the introduction of new regulations that tightened conditions around the marketing and trading of contracts for difference.

'Since the end of the quarter Plus500 has seen the return of higher volatility across asset classes, and consequently stronger trading,' the company said.

New customer numbers in the third quarter fell 51%, but rose 19% for the first nine months of the year. Active customer numbers in the third quarter rose 8%, while jumping 74% for the first nine months.

'The company's efficient marketing activity and retention initiatives assisted in the number of active customers growing globally during the third quarter despite low market volatility and the effect of the implementation of ESMA's regulatory changes.'

Ebitda margin in the nine months ended September 2018 was 71% and in the third quarter was 50%.

The company also said it had approved a share buy back for an initial amount of up to $10m.

'As we look forward to 2019, the company remains highly operationally geared with a low-cost base allowing it to maximise profits from incremental revenues,' Plus500 said.

'We expect revenues to benefit from recent customer acquisition, continued investment in marketing, retention initiatives and new licences.'

'The board now expects trading to be ahead of 2018 market expectations.'

'For 2019 we continue to assess expectations, which may be subject to levels of market volatility, and we look to the future with confidence.'

StockMarketWire.com
Broking house Plus500 said it expected its results for 2018 to be ahead of current market expectations.

Strong momentum reported at a third-quarter trading update last month had continued into November, the company said.

'We are delighted to report positive momentum for October and November as we move towards the end of the financial year,' chief executive Asaf Elimelech said.

'We believe we are in a good position for 2019 and continue to focus on acquiring high value customers as well as growing in existing and new jurisdictions.

I'm sure that RNS should start "Bucket Shop Plus500"

C M C are having a bad time of it due to regulation . plus is not so far, warning
share prophets say AVOID 22/11/18 new notice. BB

Plus not regulated in UK as far as I remember.