Admiral Markets AS is organizing an additional buyback offer for its outstanding Tier 2 bonds issued on 28 December 2017 during the period from 8 October 2026 to 29 October 2026 at a price of EUR 103,78 per bond.
The value date of the Bond transaction is 2 November 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 provide all remaining Investors with an opportunity to sell their Bonds to Admiral Markets AS prior to the termination of the listing and trading of the Bonds on the Nasdaq Tallinn Stock Exchange.
On 29 September 2026, the Listing and Surveillance Committee of Nasdaq Tallinn AS decided to approve the termination of the listing and trading of the Bonds subject to, among other conditions, Admiral Markets AS conducting an additional buyback offer before the termination of the listing. Under the conditions established by Nasdaq Tallinn AS, all Investors must be provided with an opportunity to sell their Bonds to Admiral Markets AS for their nominal value, together with accrued interest as of the value date and a premium of EUR 1 per Bond.
The buyback will take place under the following conditions:
- the purchase price is EUR 103,78 per Bond, consisting of the Bond’s nominal value (EUR 100), a premium (EUR 1), and accrued interest as of the value date (EUR 2,78); 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.
The offer period during which Bonds may be sold back to Admiral Markets AS begins on 8 October 2026 at 10:00 and ends on 29 October 2026 at 16:00 (Estonian time).
The repurchase price for each Bond is EUR 103,78 (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 2,78). 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.