{"id":44607,"date":"2026-05-21T08:58:14","date_gmt":"2026-05-21T08:58:14","guid":{"rendered":"https:\/\/allonlinebanglanewspapers.com\/news\/notice-of-buyback-offer-for-admiral-markets-as-bonds\/"},"modified":"2026-05-21T08:58:14","modified_gmt":"2026-05-21T08:58:14","slug":"notice-of-buyback-offer-for-admiral-markets-as-bonds","status":"publish","type":"post","link":"https:\/\/allonlinebanglanewspapers.com\/news\/notice-of-buyback-offer-for-admiral-markets-as-bonds\/","title":{"rendered":"Notice of Buyback Offer for Admiral Markets AS Bonds"},"content":{"rendered":"<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p align=\"justify\"><b>Admiral\u00a0<\/b><b>Markets<\/b><b>\u00a0AS (<\/b><b>registry<\/b><b>\u00a0<\/b><b>code<\/b><b>\u00a010932555)\u00a0<\/b><b>is<\/b><b>\u00a0<\/b><b>organizing<\/b><b>\u00a0a\u00a0<\/b><b>buyback<\/b><b>\u00a0<\/b><b>offer<\/b><b>\u00a0<\/b><b>for<\/b><b>\u00a0<\/b><b>up<\/b><b>\u00a0<\/b><b>to<\/b><b>\u00a08,476\u00a0<\/b><b>Tier<\/b><b>\u00a02\u00a0<\/b><b>bonds<\/b><b>\u00a0<\/b><b>issued<\/b><b>\u00a0on 28\u00a0<\/b><b>December<\/b><b>\u00a02017 (ISIN EE3300111251,\u00a0<\/b><b>nominal<\/b><b>\u00a0<\/b><b>value<\/b><b>\u00a0EUR 100\u00a0<\/b><b>per<\/b><b>\u00a0<\/b><b>bond<\/b><b>,\u00a0<\/b><b>maturity<\/b><b>\u00a0<\/b><b>date<\/b><b>\u00a028\u00a0<\/b><b>December<\/b><b>\u00a02027,\u00a0<\/b><b>hereinafter<\/b><b>\u00a0<\/b><b>the<\/b><b>\u00a0\u201cBond\u201d)\u00a0<\/b><b>during<\/b><b>\u00a0<\/b><b>the<\/b><b>\u00a0<\/b><b>period<\/b><b>\u00a0<\/b><b>from<\/b><b>\u00a022\u00a0<\/b><b>May<\/b><b>\u00a02026\u00a0<\/b><b>to<\/b><b>\u00a022\u00a0<\/b><b>June<\/b><b>\u00a02026 at a\u00a0<\/b><b>price<\/b><b>\u00a0of EUR 101.02\u00a0<\/b><b>per<\/b><b>\u00a0<\/b><b>bond<\/b><b>. The\u00a0<\/b><b>value<\/b><b>\u00a0<\/b><b>date<\/b><b>\u00a0of\u00a0<\/b><b>the<\/b><b>\u00a0<\/b><b>bond<\/b><b>\u00a0<\/b><b>transaction<\/b><b>\u00a0<\/b><b>is<\/b><b>\u00a029\u00a0<\/b><b>June<\/b><b>\u00a02026\u00a0<\/b><b>or<\/b><b>\u00a0a\u00a0<\/b><b>date<\/b><b>\u00a0<\/b><b>close<\/b><b>\u00a0<\/b><b>thereto<\/b><b>. The\u00a0<\/b><b>buyback<\/b><b>\u00a0<\/b><b>offer<\/b><b>\u00a0<\/b><b>is<\/b><b>\u00a0<\/b><b>directed<\/b><b>\u00a0<\/b><b>solely<\/b><b>\u00a0<\/b><b>to<\/b><b>\u00a0<\/b><b>the<\/b><b>\u00a0<\/b><b>current<\/b><b>\u00a0<\/b><b>bond<\/b><b>\u00a0<\/b><b>investors<\/b><b>\u00a0of Admiral\u00a0<\/b><b>Markets<\/b><b>\u00a0AS (<\/b><b>hereinafter<\/b><b>\u00a0<\/b><b>the<\/b><b>\u00a0\u201cInvestor\u201d).<\/b>\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\">Admiral Markets AS hereby announces a buyback offer for its subordinated bonds.\u00a0The\u00a0objective\u00a0of Admiral Markets AS is to repurchase all Bonds with a total nominal value of EUR 847,600.\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\"><b>Considering that Admiral Markets AS has relinquished its investment firm license (due to changes arising from previously communicated strategic intra-group restructuring), the remaining volume of Bonds is small, and trading activity is very low, Admiral Markets AS is also exploring possibilities to terminate trading of the Bonds on the Nasdaq Tallinn Stock Exchange and is considering submitting a corresponding application after completion of the buyback offer.<\/b>\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\"><b>The\u00a0<\/b><b>buyback<\/b><b>\u00a0<\/b><b>will<\/b><b>\u00a0take\u00a0<\/b><b>place<\/b><b>\u00a0<\/b><b>under<\/b><b>\u00a0<\/b><b>the<\/b><b>\u00a0<\/b><b>following<\/b><b>\u00a0<\/b><b>conditions<\/b><b>:<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>the purchase price is EUR 101.02 per Bond, consisting of the Bond\u2019s nominal value (EUR 100), a premium (EUR 1), and\u00a0accrued\u00a0interest (EUR 0.02); and\u00a0\u00a0<\/li>\n<li>the\u00a0Bonds\u00a0must\u00a0not\u00a0be\u00a0encumbered\u00a0by\u00a0third-party\u00a0rights.\u00a0\u00a0<\/li>\n<\/ul>\n<p align=\"justify\" style=\"padding-left:0px;\">All Investors may offer their Bonds to Admiral Markets AS for\u00a0repurchase\u00a0on equal terms. To participate in the buyback, the Investor must submit an off-exchange sell order during the submission period through their bank (custodian of the securities account opened with Nasdaq CSD SE) within the relevant corporate action for the Admiral Markets AS Bond, indicating in the sell order the number of Bonds or other information required in the application that the Investor wishes to sell back to Admiral Markets AS under the terms published in this notice.\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\">The Investor may use any method offered by their custodian for\u00a0submitting\u00a0sell orders (e.g.\u00a0physically at the customer service office of the custodian, online, or otherwise). An Investor\u2019s sell offer is\u00a0deemed\u00a0submitted once Nasdaq CSD receives a duly completed sell order from the Investor\u2019s custodian. The Investor has the right to amend or cancel their sell orders at any time until the end of the sell order submission period. To do so, the Investor must contact the custodian through whom the relevant order was made and complete the procedures required by the custodian for amendment or cancellation of the order. Upon submission of a sell order, the custodian will block the corresponding\u00a0amount\u00a0of securities in the Investor\u2019s securities account. The Investor shall bear all costs and fees related to the submission, cancellation, or amendment of the sell order.\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\"><b>By\u00a0<\/b><b>submitting<\/b><b>\u00a0a sell order,\u00a0<\/b><b>each<\/b><b>\u00a0Investor:<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:left;\">agrees\u00a0that\u00a0this\u00a0notice\u00a0shall\u00a0not\u00a0be\u00a0considered\u00a0an\u00a0offer\u00a0to\u00a0conclude\u00a0a\u00a0bond\u00a0repurchase\u00a0agreement\u00a0within\u00a0the\u00a0meaning\u00a0of\u00a0Section\u00a016(1) of\u00a0the\u00a0Law of\u00a0Obligations\u00a0Act\u00a0or\u00a0in\u00a0any\u00a0other\u00a0sense, and\u00a0that\u00a0submission\u00a0of a sell order\u00a0does\u00a0not\u00a0in\u00a0itself\u00a0create\u00a0a\u00a0binding\u00a0repurchase\u00a0agreement\u00a0between\u00a0Admiral\u00a0Markets\u00a0AS and\u00a0the\u00a0Investor;\u00a0\u00a0<\/li>\n<li style=\"text-align:left;\">agrees\u00a0that\u00a0the\u00a0number of\u00a0Bonds\u00a0indicated\u00a0in\u00a0the\u00a0sell order\u00a0shall\u00a0be\u00a0deemed\u00a0the\u00a0maximum\u00a0number of\u00a0Bonds\u00a0the\u00a0Investor\u00a0wishes\u00a0to\u00a0offer\u00a0for\u00a0repurchase, and\u00a0that\u00a0Admiral\u00a0Markets\u00a0AS\u00a0may\u00a0repurchase\u00a0fewer\u00a0(but\u00a0not\u00a0more)\u00a0Bonds\u00a0than\u00a0the\u00a0maximum\u00a0number\u00a0offered;\u00a0\u00a0<\/li>\n<li style=\"text-align:left;\">authorizes\u00a0the\u00a0custodian\u00a0of\u00a0the\u00a0Investor\u2019s\u00a0securities\u00a0account\u00a0or\u00a0Nasdaq\u00a0CSD\u00a0to\u00a0amend\u00a0the\u00a0information\u00a0contained\u00a0in\u00a0the\u00a0Investor\u2019s\u00a0sell order,\u00a0including\u00a0specifying\u00a0the\u00a0number of\u00a0Bonds\u00a0offered\u00a0by\u00a0the\u00a0Investor and\u00a0the\u00a0total\u00a0transaction\u00a0amount\u00a0(calculated\u00a0by\u00a0multiplying\u00a0the\u00a0Bond\u00a0purchase\u00a0price\u00a0by\u00a0the\u00a0number of\u00a0Bonds\u00a0repurchased\u00a0from\u00a0the\u00a0Investor),\u00a0if\u00a0it\u00a0is\u00a0not\u00a0possible\u00a0during\u00a0allocation\u00a0to\u00a0repurchase\u00a0all\u00a0Bonds\u00a0specified\u00a0in\u00a0the\u00a0Investor\u2019s\u00a0sell order;\u00a0\u00a0<\/li>\n<li style=\"text-align:left;\">confirms\u00a0that\u00a0the\u00a0Bonds\u00a0owned\u00a0by\u00a0the\u00a0Investor are\u00a0not\u00a0encumbered\u00a0by\u00a0third-party\u00a0rights;\u00a0\u00a0<\/li>\n<li style=\"text-align:left;\">confirms that they:\u00a0i) have reviewed the contents of this offer notice; ii) are aware of Admiral Markets AS\u2019s intention to seek termination of the Bond listing; and iii) understand the consequences of selling or not selling the Bonds under this offer;\u00a0\u00a0<\/li>\n<li style=\"text-align:left;\">consents\u00a0to\u00a0the\u00a0exchange\u00a0of\u00a0their\u00a0personal\u00a0data\u00a0between\u00a0custodians,\u00a0Nasdaq\u00a0CSD, and Admiral\u00a0Markets\u00a0AS\u00a0both\u00a0during\u00a0and\u00a0after\u00a0the\u00a0sell order\u00a0submission\u00a0period\u00a0for\u00a0the\u00a0purpose\u00a0of\u00a0participation\u00a0in\u00a0the\u00a0buyback\u00a0(including\u00a0deciding\u00a0the\u00a0allocation\u00a0of Bond\u00a0repurchases).\u00a0\u00a0<\/li>\n<\/ul>\n<p align=\"justify\" style=\"padding-left:0px;\"><b>Summary<\/b><b>\u00a0of\u00a0<\/b><b>Key<\/b><b>\u00a0<\/b><b>Terms<\/b><b>\u00a0of\u00a0<\/b><b>the<\/b><b>\u00a0<\/b><b>Offer<\/b>\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\">The\u00a0offer\u00a0period\u00a0during\u00a0which\u00a0Bonds\u00a0may\u00a0be\u00a0sold\u00a0back\u00a0to\u00a0Admiral\u00a0Markets\u00a0AS\u00a0begins\u00a0on\u00a0<b>22\u00a0<\/b><b>May<\/b><b>\u00a02026 at 10:00<\/b>\u00a0and\u00a0ends\u00a0on\u00a0<b>22\u00a0<\/b><b>June<\/b><b>\u00a02026 at 16:00<\/b>\u00a0(Estonian\u00a0time).\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\">The repurchase price for each Bond is\u00a0EUR 101\u00a0(of which EUR 100 is the nominal value of the Bond and EUR 1 is the premium), plus\u00a0accrued\u00a0interest up to the value date\u00a0in the amount of\u00a0EUR 0.02. Only whole-number Bonds may be offered for repurchase.\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\">An\u00a0Investor\u00a0wishing\u00a0to\u00a0submit\u00a0a\u00a0repurchase\u00a0order must\u00a0contact\u00a0the\u00a0custodian\u00a0of\u00a0their\u00a0securities\u00a0account\u00a0opened\u00a0in\u00a0the\u00a0Estonian Register of Securities.\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\"><b>IMPORTANT DATES<\/b>\u00a0<\/p>\n<p align=\"justify\" style=\"padding-left:0px;\">The\u00a0timetable\u00a0below\u00a0sets\u00a0out\u00a0the\u00a0key\u00a0dates\u00a0related\u00a0to\u00a0the\u00a0offer:\u00a0<\/p>\n<ul type=\"disc\">\n<li>22\u00a0May\u00a02026 \u2013 Start of\u00a0the\u00a0offer\u00a0period\u00a0(start of\u00a0submission\u00a0of\u00a0offers\u00a0to\u00a0custodians)\u00a0\u00a0<\/li>\n<li>22\u00a0June\u00a02026 \u2013 End of\u00a0the\u00a0offer\u00a0period\u00a0(end of\u00a0submission\u00a0of\u00a0offers\u00a0to\u00a0custodians)\u00a0\u00a0<\/li>\n<li>26\u00a0June\u00a02026\u00a0or\u00a0a\u00a0date\u00a0close\u00a0thereto\u00a0\u2013 Admiral\u00a0Markets\u00a0AS\u00a0publishes\u00a0the\u00a0results\u00a0of\u00a0the\u00a0buyback\u00a0offer\u00a0\u00a0<\/li>\n<li>29\u00a0June\u00a02026\u00a0or\u00a0a\u00a0date\u00a0close\u00a0thereto\u00a0\u2013\u00a0Settlement\u00a0date,\u00a0i.e.\u00a0the\u00a0date\u00a0of\u00a0transfer\u00a0of Bond(s) and\u00a0payment\u00a0\u00a0<\/li>\n<\/ul>\n<p align=\"justify\" style=\"padding-left:0px;\"><b>For\u00a0<\/b><b>additional<\/b><b>\u00a0<\/b><b>information<\/b><b>,\u00a0<\/b><b>please<\/b><b>\u00a0<\/b><b>contact<\/b><b>:<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Eduard Kelvet<\/b>\u00a0<br \/><i>Member of\u00a0<\/i><i>the<\/i><i>\u00a0Management Board<\/i>\u00a0<br \/>Admiral\u00a0Markets\u00a0AS\u00a0<br \/>+372 5553 8042\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JNPP7d1z4a_cwxNqDjhH9xEj2Io70cL_H0125oFqyLQVjaOQlrFXRLqEGLho_YNS-KkkzZ9_3IV7vKiLIwF_F-K29goD0W5BiZZXT-Pm3V4IMuyRuZ_l42MGnq1J658-\" rel=\"nofollow\" target=\"_blank\" title=\"e.kelvet@admiralmarkets.com\">e.kelvet@admiralmarkets.com<\/a>\u00a0<\/p>\n<p>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Admiral\u00a0Markets\u00a0AS (registry\u00a0code\u00a010932555)\u00a0is\u00a0organizing\u00a0a\u00a0buyback\u00a0offer\u00a0for\u00a0up\u00a0to\u00a08,476\u00a0Tier\u00a02\u00a0bonds\u00a0issued\u00a0on 28\u00a0December\u00a02017 (ISIN EE3300111251,\u00a0nominal\u00a0value\u00a0EUR 100\u00a0per\u00a0bond,\u00a0maturity\u00a0date\u00a028\u00a0December\u00a02027,\u00a0hereinafter\u00a0the\u00a0\u201cBond\u201d)\u00a0during\u00a0the\u00a0period\u00a0from\u00a022\u00a0May\u00a02026\u00a0to\u00a022\u00a0June\u00a02026 at a\u00a0price\u00a0of EUR 101.02\u00a0per\u00a0bond. The\u00a0value\u00a0date\u00a0of\u00a0the\u00a0bond\u00a0transaction\u00a0is\u00a029\u00a0June\u00a02026\u00a0or\u00a0a\u00a0date\u00a0close\u00a0thereto. The\u00a0buyback\u00a0offer\u00a0is\u00a0directed\u00a0solely\u00a0to\u00a0the\u00a0current\u00a0bond\u00a0investors\u00a0of Admiral\u00a0Markets\u00a0AS (hereinafter\u00a0the\u00a0\u201cInvestor\u201d).\u00a0 Admiral Markets AS hereby announces a buyback offer for its subordinated bonds.\u00a0The\u00a0objective\u00a0of Admiral Markets AS is to repurchase all Bonds with a total nominal value of EUR 847,600.\u00a0 Considering that Admiral Markets AS has relinquished its investment firm license (due to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":44608,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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