IN BRIEF: Plus500 Makes Changes To Board Of Directors

Plus500 Ltd - Israel-based trading platform for contracts-for-difference - Announces several ...

Alliance News 4 February, 2021 | 2:30PM
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Plus500 Ltd - Israel-based trading platform for contracts-for-difference - Announces several changes to the board of directors. Says Sigalia Heifetz to join as non-executive director with immediate effect, with Heifetz holding non-executive directorships at Nesher Israel Cement Enterprises Ltd, Clal Industries, Golf & Co, Maman, Tamar Petroleum and Clal Biotechnology Industries.

Says Tami Gottlieb is nominated for appointment as an external and non-executive director at an extraordinary general meeting, expected to held on March 16. Gottlieb is currently an external director at Bank Leumi and Extell Ltd, an independent director at Arad Investments & Development Ltd and a director at Emilia Development.

Gottlieb will replace Charles Fairbairn, who will step down on June 30 or at Plus500's annual general meeting later this year. Says Fairbairn has been on the board since 2013 and his replacement as senior independent director will be disclosed by the company in due course.

"The board appointment and nomination for appointment announced today are further evidence of the board's progress in delivering on its key priorities of further improving our corporate governance frameworks and on continuing to diversify the board's composition. With these factors in mind, supported by the on-going development of our overall approach to environmental, social & governance matters, I believe that Plus500 is very well positioned, both operationally and financially, to deliver future growth for our shareholders," says Chief Executive David Zruia.

Current stock price: 1,432.50 pence

Year-to-date change: down 1.2%

By Zoe Wickens; zoewickens@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Plus500 Ltd 2,282.00 GBX -0.26 -

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