MOL Group is a leading integrated Central & East European oil and gas corporation headquartered in Budapest, Hungary. It has operations in over 30 countries and employs 26,000 people worldwide. MOL’s exploration and production activities are supported by 80 years’ experience in the hydrocarbon field.
MOL GROUP AT GLANCE
USD 7 BN
Countries of operation
Number of employees
Reserves SPE 2P
Barrels of oil equivalent (boe) produced per day Reserves SPE 2P 356 MMboe
1 000 000+
Retail Transacions per day
15 827 kt
Corporate Responsibility, Sustainability, Corporate Governance Award
Budapest Stock Exchange
The Most Attractive Employer
Power+utilities category by Randstadt
Dow Jones Susatinability Index
Constituent third year in a row
MOL capital and shareholder structure (approximate)
The Company’s share capital amounts to HUF 102,428,682,578 represented by 819,424,824 pieces registered ordinary shares of the series “A” with a par value of HUF 125 and 578 pieces registered ordinary shares of the series “C” with a par value of HUF 1,001 and one piece registered voting preference share of the series “B” with a par value of HUF 1,000 that entitles the holder thereof to preferential rights as specified in the present Articles of Association. The "B" series share is owned by the Hungarian Government.
We have presented the ownership structure of MOL Plc., as at 31 December 2019.
* According to the Act XXX of 2019 on the Maecenas Universitatis Corvini Foundation and the asset transfer to the Maecenas Universitatis Corvini Foundation and the Corvinus University of Budapest (“MUC Act”), 81.942.946 pieces of series „A” MOL ordinary shares were transferred to the Foundation’s trust management on 5 June 2019. Following the above transaction, MNV Zrt., acting on behalf of the state, continues to directly exercise ownership rights over the state-owned shares with a 15.24% influence, while it also has 10% indirect influence via the shares transferred to the Foundation’s trust management (the Foundation is obliged to exercise its voting rights in relation to the shares transferred to its trust management in accordance with the provisions of 3.§ (5) and 3.§ (6) sections of the MUC Act).
Please note, that data above do not fully reflect the ownership structure in the Share Register. The registration is not mandatory. The shareholder may exercise its rights towards the company, if the shareholder is registered in the Share Register.
According to the Articles of Association no shareholder or shareholder group may exercise more than 10% of the voting rights.
KEY FINANCIAL FIGURES (2019)