Admiral Markets announces buyback offer for up to 8,476 Tier 2 bonds
Admiral Markets AS today announced it is organizing a buyback offer for up to 8,476 Tier 2 bonds issued on 28 December 2017 during the period from 22 May 2026 to 22 June 2026 at a price of EUR 101.02 per bond. The value date of the bond transaction is 29 June 2026 or a date close thereto.
The buyback offer is directed solely to the current bond investors of Admiral Markets AS.
The objective of Admiral Markets AS is to repurchase all Bonds with a total nominal value of EUR 847,600.
Considering that Admiral Markets AS has relinquished its investment firm license, 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.
The buyback will take place under the following conditions:
- the purchase price is EUR 101.02 per Bond, consisting of the Bond’s nominal value (EUR 100), a premium (EUR 1), and accrued interest (EUR 0.02); and
- the Bonds must not be encumbered by third-party rights.
All Investors may offer their Bonds to Admiral Markets AS for repurchase on 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.
The offer period during which Bonds may be sold back to Admiral Markets AS begins on 22 May 2026 at 10:00 and ends on 22 June 2026 at 16:00 (Estonian time).
The repurchase price for each Bond is EUR 101 (of which EUR 100 is the nominal value of the Bond and EUR 1 is the premium), plus accrued interest up to the value date in the amount of EUR 0.02. Only whole-number Bonds may be offered for repurchase.
An Investor wishing to submit a repurchase order must contact the custodian of their securities account opened in the Estonian Register of Securities.
