Plus500’s COO Bought a Fresh £1 Million Stake in the Company

Alon Cohen Naznin, the Group Chief Operations Officer of Plus500, has bought more than £1 million worth of the London-listed retail broker’s shares. According to an RNS filing with the London Stock Exchange, he purchased the shares yesterday (Monday).

The filing shows that Naznin bought 32,000 Plus500 shares for £33.03 each in a single transaction, putting the total value of the deal at £1,056,960.

A Good Time to Buy PLUS Stock?

Naznin is a long-time employee at Plus500, having spent almost a decade with the broker. He has held the Group COO role for more than five years. He was also the CEO of the Plus500BG unit but stepped down from that role last year, according to his LinkedIn profile.

He bought the PLUS shares when the company’s stock price was rising. The shares have gained about 31 per cent since the beginning of 2025, while their value has doubled over the past five years.

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Institutions See Value in Plus500

The London-listed company is also attracting institutional backers. FinanceMagnates.com earlier reported that Artemis Investment Management has acquired more than 5 per cent of the shares in Plus500, while American asset manager Capital Group has bought a 5.44 per cent stake.

According to the filings, BlackRock is the largest shareholder in Plus500, holding about a 6 per cent stake, while JPMorgan has a 5.1 per cent stake.

Despite operating in the leveraged retail trading space, which is often considered a high-risk industry, Plus500 has maintained a strong balance sheet with a substantial cash reserve.

The company is now expanding aggressively outside the over-the-counter niche and is specifically targeting the US futures markets. It generated $182.7 million in revenue in Q3 2025 with an EBITDA of $82.7 million. About 15 per cent of total group revenue came from its non-OTC business, along with 18 per cent of new customers.