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Global Exchange Market (GEM), July 2010

15.07.2010

In June 2009 the Irish Stock Exchange (the “ISE”) launched the Global Exchange Market (“GEM”). GEM is an exchange-regulated market which meets the criteria of a Multilateral Trading Facility (“MTF”) within the meaning of the Markets in Financial Instruments Directive (“MiFID”) and is operated under the prudential supervision of the ISE. GEM is a successor market to the Alternative Securities Market (the “ASM”).

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