CFD broker Plus500 Ltd (LON:PLUS) has just submitted a filing with the London Stock Exchange announcing that its founders plan to sell shares for personal reasons. As per the announcement, the founders of the company, Alon Gonen, Gal Haber, Elad Ben-Izhak, Omer Elazari and Shlomi Weizmann (the “Founders”) have notified Plus500 that they intend to sell no less than in aggregate approximately 7.27 million existing ordinary shares (the so-called “Placing Shares”) in the capital of the Company at a price of £11.00 per Placing Share (the “Placing”). The Placing Shares account for at least 6% of the company’s issued share ... (full story)