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Admirals Group to sell its Australian subsidiary

Admirals Group AS has entered into an agreement to sell its wholly owned subsidiary, Admirals AU PTY Ltd (Australia).

All investors were able to offer their bonds to Admiral Markets AS for repurchase on equal terms.

Jens Chrzanowski served as Admiral Markets’ Chief Value Officer, and had been with the company for more than 11 years.

Admiral Markets AS said that it has decided to change its reporting service provider after the issue it had with the regulator.