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Plus500’s co-founder Omer Elazari buys 70,000 shares in broker

Maria Nikolova

Omer Elazari purchased 70,000 ordinary shares in the brokerage at an average price of £9.427 per share.

Co-founders of Plus500 Ltd (LON:PLUS) continue to purchase shares in the online trading company, with Omer Elazari the latest to engage in such a transaction.

Plus500 today announced that, on March 6, 2020, Omer Elazari purchased 70,000 ordinary shares (of NIS 0.01 par value) in the company. The average price per share was £9.427.

Elazari’s transactions in Plus500 shares on March 6, 2020. Image credit: Plus500.

Last week, Plus500 said Elad Ben Izhak acquired 53,000 shares in Plus500 at a price of £9.499 per share. The transaction was carried out on March 3, 2020.

Alon Gonen – also a co-founder of Plus500, acquired shares of NIS 0.01 each in the company on March 2, 2020 through Sparta 24 Ltd. He purchased a total of 445,064 shares at an average price of £9.38 per share.

The brokerage has recently struck an upbeat note about its performance. In a trading update issued on February 28, 2020, Plus500 reported a significant increase in levels of customer trading activity. The Group’s financial performance during the first quarter to date is consequently trending substantially ahead of the last quarter of 2019, Plus500 said.

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