Notification of change in voting rights
81.942.946 pieces of series „A” MOL ordinary shares were transferred to the Maecenas Universitatis Corvini Foundation’s trust management on 5 June 2019.
Maecenas Universitas Corvini Foundation (“Foundation”) informed MOL today (attachment), that in line with the announcement of the Hungarian National Asset Management Inc. (HNAM Inc.) on 27 May 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, HNAM Inc., 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).
For further information, please contact Investor Relations:
Tel: +36 1 464 1395