Online trading company Plus500 Ltd (LON:PLUS) announces the update of the terms of the proposed election of Ms Anne Grim as a director in the company so that she is now proposed for election as an Independent Non-Executive Director for a one-year term, rather than as an Outside Director and Independent Non-Executive Director, in accordance with the Israeli Companies Law, for a three-year term.
In the Board’s view, this proposal best aligns the company with the UK Corporate Governance Code. The majority required to approve Ms Grimm’s election remains unchanged.
Plus500 will hold an EGM at the offices of Liberum Capital Limited, Ropemaker Place, 25 Ropemaker Street, London EC2Y 9LY at 10:00am. (UK time) on Monday 8 January 2024.
Ms. Grim is an experienced executive advisor, consultant and board director with more than 30 years in financial services leadership roles at Barclays, Wells Fargo, American Express, Mastercard and most recently as Chief Customer Officer at Fidelity International. Ms. Grim’s expertise is in customer experience, strategic planning and execution, technology innovation and business transformation.