Market announcement

Admiral Markets AS

LEI code

549300QE3BN5Y1FE7M41

Size of the entity

Medium undertaking

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

7067

Submission date and time

17.01.2019 16:00:00

Content of announcement in Estonian

Title

Admiral Markets AS: seoses krediidiasutuse tegevusloa taotlemisega

Message

Admiral  Markets  AS  avaldas  29.08.2018 börsiteate  krediidiasutuse tegevusloa
taotlemisest.   Seoses   muutunud   väliskeskkonnaga,  sellest  tuleneva  mõjuga
krediidiasutuste  tegevuskeskkonnale  ning  vajadusega kohandada krediidiasutuse
tegevusloa   taotlemisega   seotud   äriplaani,   otsustas  Admiral  Markets  AS
09.01.2019 tegevusloa  taotlusest loobuda ja esitas Eesti Finantsinspektsioonile
vastavasisulise avalduse, mille inspektsioon rahuldas 16.01.2019.

Admiral  Markets  AS  leiab,  et  krediidiasutuste tegevusloa alusel osutatavate
teenuste   efektiivsuse   huvides   on  otstarbekas  ajakohastada  ja  täiendada
tegevusloa  taotlemisega seotud äriplaani. Admiral  Markets AS peab võimalikuks,
et  tegevusloa  taotluse  tagasivõtmise  järel  esitab  Admiral  Markets  AS uue
taotluse  krediidiasutuse tegevusloa saamiseks,  seda pärast vajalike muudatuste
tegemist.

Krediidiasutuse tegevusloa taotluse tagasivõtmine ei mõjuta Admiral Markets AS-i
praegust    tegevust,   investeerimisteenuste   ja   investeerimiskõrvalteenuste
osutamist.

Kaia Gil
Admiral Markets AS-i kommunikatsioonijuht
[email protected]
+372 53 413 764

Content of announcement in English

Title

Admiral Markets AS: regarding the application for the credit institution licence

Message

On  29.08.2018, Admiral  Markets  AS  published  a  stock  exchange announcement
regarding the application for a credit institution's license. In connection with
the  changed  external  environment,  its  subsequent  impact  on  the  business
environment  of credit  institutions and  the need  to adjust  the business plan
related  to the application for a  credit institution's license, Admiral Markets
AS  decided on  09.01.2019 to withdraw  the license  application and submitted a
corresponding  application to the Estonian  Financial Supervision Authority, the
Supervision Authority accepted this application on 16.01.2019.

Admiral  Markets AS finds that,  in the interests of  the efficiency of services
provided  under a  credit institution's  license, it  is expedient to update and
amend  the business plan related to  the license application. Admiral Markets AS
considers  it possible  that after  the withdrawal  of the  license application,
Admiral  Markets  AS  will  submit  a  new  application for a credit institution
license after making the necessary changes.

The  withdrawal of the credit institution's  license application does not affect
the  current  operations  of  Admiral  Markets  AS,  the provision of investment
services and investment ancillary services.

Kaia Gil
Communication manager of Admiral Markets AS
[email protected]
+372 53 413 764