Alon Gonen purchases 500,000 shares in Plus500

Maria Nikolova

Plus500’s co-founder Alon Gonen (through Sparta 24 Ltd) purchased 500,000 shares in the brokerage on December 4, 2019.

Plus500 Ltd (LON:PLUS) has just reported that one of its co-founders – Alon Gonen, has purchased more shares in the online trading company.

The regulatory filing says that the transactions were executed on December 4, 2019. The shares were acquired via Sparta 24 Ltd. The aggregate volume of the transaction is 500,000 shares and the average price is £7.634 per share.

Let’s recall that, on August 19, 2019, Plus500 Ltd (LON:PLUS) reported that it was notified that certain PDMRs have acquired shares of NIS 0.01 each in the company. The company said back then Alon Gonen acquired 468,469 shares (through Sparta 24 Ltd.) at £7.07 per share.

In the meantime, the brokerage continues to buy back its shares. At the end of October, Plus500 provided an update on the progress of its share buyback program. The company repurchased 1,639,246 shares in the quarter for a total consideration of $14.7 million as part of its $50 million share buyback program that started on August 20, 2019.

Read this next

Executive Moves

Crculus taps Michael Idzkowski as head of sales

Michael Idzkowski has joined Crculus, a UK-based startup that describes itself as a multi-custody middleware infrastructure for financial institutions, in the post of its head of sales.

Retail FX

ActivTrades jumps on fractional stock trading bandwagon

CFDs and FX broker, ActivTrades has updated its trading offering to provide its clients with the opportunity to trade fractions of stocks.

Digital Assets

BitMEX to list its native token by end of 2023

BitMEX CEO Alexander Hoeptner said the crypto exchange is planning to list its native token, called BMEX, on the spot market by the end of the year.

Market News

Forex investments take over popular sentiment as a worthy global trend

Quite the confusion is afoot in the financial markets. Tighter regulation, rising inflation, energy sector disruptions, social unrest and wars have taken a toll on the world’s economies. How come Forex, as a means of investment, has come up on top as a global trend in 2022? Against the backdrop of current events, the international broker’s expert team at OctaFX has gathered some answers.

Crypto Insider, Metaverse Gaming NFT

How Hiding Crypto’s Influence Will Be Key To Unlocking Its Success

In past years, cryptocurrency has advanced well beyond the technophiles responsible for its initial success to reach widespread name recognition. Crypto has found its way into news, music, culture, and other relevant facets of daily life. 

Digital Assets

SCRYPT Digital taps Enclave Markets to mirror dark pool trading in crypto

“A service like this has been sorely lacking in the crypto space. There hasn’t been a solution that provides the security or privacy that institutions require with these kinds of trades.”

Institutional FX

FXSpotStream reports record monthly volume at $1.613 trillion

Trading volumes on institutional FX platforms surged in September after fears over the impact of recent developments around Russia’s military invasion of Ukraine sent speculative asset classes reeling.

Industry News

OKX adds four-time Olympian snowboarder Scotty James as brand ambassador

‘What is OKX?’ is the name of the new multi-milion dollar brand campaign launched by crypto exchange OKX as part of its efforts toward world expansion.

Industry News

Circle buys Elements and announces beta version of Crypto Payments API

“Lowering barriers of entry for payments and financial services and establishing dollar payments utility are core to Circle’s mission.”

<