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Plus500 founders trim stake for £80M

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Plus500 founders trim stake for £80M

Plus500 Ltd.'s founders sold 7,272,728 ordinary shares in the online trading platform provider at a price of £11 per share, raising aggregate gross proceeds of £80.0 million.

Alon Gonen, Gal Haber, Elad Ben-Izhak, Omer Elazari and Shlomi Weizmann will collectively hold a stake of about 15.94% in the Israel-based, London-listed firm following completion of the share sale.