March 27, 2018 / 11:27 AM / in 5 months

BRIEF-Plus500 Says ESMA's Proposed Regulatory Changes To Have Limited Impact On 2018, Will Assess Potential Impact On Future Years​

March 27 (Reuters) - Plus500 Ltd:

* RESPONSE TO ESMA’S ANNOUNCEMENT

* COMPANY ACKNOWLEDGES ESMA’S ANNOUNCEMENT NOTING IT ALREADY OPERATES IN COMPLIANCE WITH MOST OF THESE REGULATORY CHANGES

* WILL ADAPT BUSINESS MODEL WHERE CHANGES ARE REQUIRED; WILL MITIGATE IMPACT DUE TO GEOGRAPHICAL DIVERSIFICATION OUTSIDE EUROPE

* BELIEVES THERE WILL BE A LIMITED IMPACT ON 2018’S EXPECTED FINANCIAL PERFORMANCE FROM REGULATORY CHANGES ESMA PROPOSES TO IMPLEMENT​ Source text for Eikon: Further company coverage:

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