Plus500 notes share sale worth £100.75m

Plus500 said the the founders of the company have sold a total of 15.5m shares 650p a share, raising gross proceeds of £100.75m for them.

The Placing is expected to settle on a T+5 basis on 6 October 2016, subject to the satisfaction or waiver of certain customary conditions.

The Company is not a party to the Placing and will not receive any proceeds from the Placing.

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