Nearly 1 billion 900 million pounds market value, the Forex firm "emulated" KVB, the stock to the main board transactions.

Plus 500, the AIM listed company of the Lun and the CFD (UK) broker, won the approval of the UK listing authority and the regulatory agency such as the Lun, which will transfer from the alternative investment market (AIM) to the main board market.


In May 24th, Plus500 issued a notice that it had submitted to the regulatory authorities an application for the transfer of ordinary shares listed on the AIM board to the main board market. The stock code after the turn board thinks PLUS. During the transfer process, Plus 500 did not raise any funds or issue any new shares.


In 2013, Plus 500 formally listed in the alternative investment market of the Lun exchange. In the course of the development of the last 5 years, the company has experienced many events, including the Playtech acquisition of "abortion", the British FCA anti money laundering review, and so on. Fortunately, however, the company was supported by investors and its operating performance showed steady growth.


In the past year, Plus 500 revenue was up to $437 million 200 thousand, net profit reached $199 million 700 thousand, active customers increased by 103% to 317175, and new customers increased by 136% to 246946. These data support Plus 500 as the second largest CFD dealer in the UK.


It is noteworthy that in 2017, the total Plus 500 dividend was $192 million, including a mid-term dividend of $27 million 200 thousand, a final dividend of $92 million 600 thousand and a special dividend of $72 million 300 thousand. Combined dividends and buybacks will pay 100% of net profit in 2017.


In the first quarter of 2018, the company's revenue and net profit increased sharply in the first quarter of 2018, due to a significant rise in market volatility and the continued fiery of encrypted currencies. The total revenue in the first quarter reached $297 million 300 thousand, a sharp increase of 284%.


Notice pointed out that in the past few months, Plus 500 share price continued to rise, that is now appropriate to the motherboard transaction. At the same time, the directors of the company believe that this move is also beneficial to improving the stock liquidity of the company.  As of yesterday's close, Plus 500 shares rose 2.35% to 1613 pence, and the company's market capitalization was as high as nearly 1 billion 900 million pounds.


Plus 500 expects that the company's shares will be officially listed on the motherboard in June 26th.


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